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Technology Stocks : America On-Line (AOL)
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To: Ed Forrest who wrote (20029)6/3/1999 11:27:00 PM
From: John F. Dowd  Read Replies (1) of 41369
 
Ed: I can't see what the other poster meant by "The Fed has done a masterful ". Are they going to take credit for improving the US's productivity?

If they are such market experts why aren't they running Goldman Sachs. I guess in their own way they are.

But there really doesn't seem to be any inflation on the horizon. Commodity prices headed down and oil cartel beginning to cheat. The more people off welfare the bigger the surplus and the less the government will have to refinance. There is no problem here and let's not give the Fed any credit for addressing something that isn't there. JFD
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