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Pastimes : CNBC -- critique.

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To: Jeff Jordan who wrote (14390)9/28/2005 4:00:06 PM
From: Jeff Jordan  Read Replies (1) of 17683
 
The consumer should conserve on everything. Save the Planet!

You know Greenspan knew he wasn't going to increase capacity before lowing interest rates and heating up the economic expansion. Why make prosperity sustainable by improving necessary infrastructure for an expanded economy? He knew he was causing inflation by printing all that money to grease the wheels for growth. Stable money supply? I better google the word STABLE?

I'm sure Greenspan is happy the Bush/Cheney energy plan is coming together. I'd love to overlap a chart of the FED's interest rate hikes with a chart of crude. Remember when Greenspan was worried about the supply of NGAS last year?

What are we going to do when the Maestro is retired?

What's Greenspan saying now? You the consumer(equityholder) are not worthy of an accommodative money policy. Don't take STABLE money for granted!<g>

If China can slow down GDP to 9% the US can sustain 5% GDP without inflation for a considerable period! A prosperous US economy can have full employment and let new workers immigrate. The world still has another 100 years of resources to exploit! Why let anyone go hungry or thirsty? If Greenspan was truly God He would say; Feed my People!<g>
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