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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Joe Btfsplk who wrote (1812)2/1/2001 12:25:11 AM
From: TobagoJack  Read Replies (1) of 74559
 
<<Given the tools Greenspan has to work with>>

Questionable that Greenspan has "tools", as opposed to the singular tool of "liquidity". The book "Devil takes the Hindmost", purchaseable from that Amazon outfit born of the current boom, gives an excellent historic briefing on many of the manias past. Curiously, the manias share one common denominator, and you guessed it ... "liquidity".
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