It is right for the government officials to talk the followings in public:
1) The interest rate, the Asian financial crisis, the hot money from overseas,
the productivity, the inflation/deflation, the hot money, the profit prospect
of cooperate America, the budget deficit/surplus, the trade issues ...
It is not right for the government officials to talk the following in public:
1) The stock is due for a drop, no stock will grow forever, the stock market
will have a correction pretty soon, the stock market will climb pretty soon,
....etc. Those should be up to the investors to make their own decisions.
We told the world that we have a free market system in the United States, and
it is very ironic that the Government officials talk down/up the stock market
in public. It just make people very confused what is the definition of
free market system. No one should abuse its power. |
