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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (346290)8/9/2007 5:24:16 PM
From: tejek  Read Replies (1) of 1576663
 
think Bernanke is doing the right thing - nothing. Letting the market correct is wiser in the long term that continual bubble creation ala Alan Greenspan.

Normally, I would agree with you but cutting off lending abruptly like is happening now could cause the economy to tank very quickly. Let the hedge funds go under; the markets pull back.....but don't put us into a recession. IMO Bernanke's worry about inflation is meaningless.
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