Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (49025)	4/27/2004 9:59:40 AM
From: Mary Cluney	Read Replies (3) of 74559

Hi Jay, Before you take time off from here, I wonder if you could explain this to me in terms I can understand. <<< All, except a few, will in time grow to strongly dislike the Greensputin/BurnAndKaput pair who ran a fraud not unlike the one described in Fiat Money Inflation in France>>> I don't see the connection. I am not an economist, but I think I am fairly good at judging people. I just don't think Alan Greenspan is a risk taker. I don't see him taking any risk for himself or for his country. He does not even invest his own money in the stock market. I think most of it is in low interest bearing treasuries and bonds. His speach pattern is so risk adverse that it is laughable - if one could understand what he is saying. There is nothing flashy in his dress, demeaner, or even in the way he walks. For you to tell me that this man is committing fraud in the open, for all to see, does not seem to jive with my life's experiences and judgements. I know Greenspan is an intelligent person, because that is what Ayn Rand told me. Perhaps you can explain it to me in simpler terms and I can be pursuaded to read chapter and verse your links. Regards, Mary

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