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Pastimes : Home on the range where the buffalo roam

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To: allen menglin chen who wrote (6954)11/26/2000 10:54:13 AM
From: Boplicity  Read Replies (2) of 13572
 
Allen, I think Greenspan is a liar. I he said he would lower rates if the central government balanced the budget and paid down the national debt. He says repeatedly he isn't targeting the market. They the FED have single handedly smashed the nascent new economy under the misread of inflation that has been no where to be seen for years. I hope they replace them all soon. I wouldn't care what it did to the market short term. The FED has way too much power, the market is better suited at controlling the economy.
Greg
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