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Technology Stocks : Wind River going up, up, up!
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To: Allen Benn who wrote (9342)3/21/2001 3:22:02 PM
From: Lee  Read Replies (1) of 10309
 
"I believe he (Greenspan)is loosening money faster, much faster, than anything implied by the interest rates he controls."

Allen,

If people are not spending money, or are in fact saving money, placing it in cash, can a loose policy be sufficiently effective? To put it another way, does a drop in the velocity of money offset the benefit of more money?

Lee
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