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Technology Stocks : All About Sun Microsystems

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To: Steve Dietrich who wrote (42487)	3/28/2001 4:01:25 PM
From: chic_hearne	Read Replies (3) of 64865

Are you saying the fed ought to be raising interest rates now? What's the point of this point? It's called tough love. Jack the rates up to like 10% and kill the stock market and economy. IMMEDIATELY the excesses of the economy will be wiped out and a fast recovery can begin to take place within a few years. The alternative is a Depression lasting for many years. Because by keeping rates low and hope alive, many of the excesses will take what seems like forever to be taken care of. I think we do the latter due to poor policy of lowering rates and the fact that no one in Washington would take the tough love approach. JMHO chic

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