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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Knighty Tin who wrote (22023)11/22/2004 9:39:49 AM
From: Knighty Tin  Read Replies (1) of 110194
 
Mike, LBJ was fiscally nuts, a lot like Bush. But he didn't have a rubber stamp Fed Chairman. Nor did Tricky Dick. And that's why we had the big blah from 1966-1972, then the crash of 1973-1974. Greenspan has been a loose cannon and it was Reagan who appointed him. With loosey-goosey fiscal and monetary policy running at the same time, we have doubled our chances at economic ruin.
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