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Technology Stocks : JDS Uniphase (JDSU)
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To: Tunica Albuginea who wrote (15035)12/20/2000 10:12:16 AM
From: Dennis J Baltz  Read Replies (1) of 24042
 
TA

Hey Greenspan WHAT INFLATION????
Greenspan has always been quick to raise interest rates but he's never known when to lower them. I almost believe he didn't lower rates yesterday because he wanted to show Bush who's really in charge. GDP drops 50% in one quarter, oil prices go up 300% in one year, layoffs and revenue decreases hitting all industries, and the stock market is collapsing in front of our eyes. And all that Greenspan sees is the POTENTIAL for inflation. WHAT A JOKE. He started this because he was afraid on an OVERHEATED economy and INFLATION. Where is either one? How does one cause inflation when you don't have a job and you lost 50% of your savings in the stock market? I just don't think he understands this is a sign the economy is headed directly into a spiraling recession. Then he'll lower rates several times over 9 months and create the inflation he's so afraid of.
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