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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Raymond Duray who wrote (6360)6/27/2002 2:37:19 AM
From: Jorj X Mckie  Read Replies (1) of 33421
 
I didn't suggest that he was. Just pointing out that the current administration *wasn't*. I do think that the FOMC is greatly responsible for the bubble. Without the inflation of the money supply, the bubble would have been much more muted. And the basic premise for increasing the money supply was flawed to start with (Y2K worries).
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