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Technology Stocks : USRX
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To: damniseedemons who wrote (14067)2/27/1997 11:48:00 PM
From: Fred Fahmy   of 18024
 
Sal,

<<Greenspan wouldn't be doing his job if he didn't try to keep the market from going bonkers>>

If he has justification for raising interest rates (like signs of inflation or possible signs of inflation) then he should raise rates. It is NOT his job, however, to give personal opinions on value of the market to achieve the same affect.

<< If the market continues to soar, it will cause inflation>>

The market has soared for more than two years while inflation has been held in check.

FF

FOR SAL ONLY:

<<Fred, from the looks of your post, the economy is out of your scope of knowlege....>>

I though you wanted to end the "pissing contest". I will put up my knowledge of the US or global economy up against yours any day. I have a minor in economics. I didn't actually mean to earn one but I kept taking econ course for open electives because I considered them to be slide courses and easy A's. The open electives plus the econ courses I took for my social science requirements more than fulfilled the requirements for a minor.
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