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To: PaulM who wrote (36226)6/30/1999 10:33:00 PM
From: longtom  Respond to of 116931
 
Gold is not the threat. The Fed. blithely whistling through the graveyard, ie. a skintight labor market and surging commodities is the threat. No "soft landing" this time....Tom



To: PaulM who wrote (36226)7/1/1999 7:27:00 AM
From: Bobby Yellin  Read Replies (3) | Respond to of 116931
 
I wonder what it means that Bush has raised so much money so easily and Bradley also has raised a good sum..what are the deep pocketed people thinking about current administration..(will there be a pun on gore's name down the line shortly)
I found sad was an article Goldsnow had pasted from Bloomberg that people with above 50,000 in income are the ones benefiting from wealth effect from stock market bubble..that would suggest that the majority of US citizens haven't benefited from the paper boom..
also the article I think posted by our incredibly wonderful Alex(even if he didn't post it he is incredibly wonderful) suggested how nervous Rubin was..suggests that Rubin might really be aware about how his policies in restarting our economy has created a Pandora's box..
Question: wouldn't the economy have come back without the huge paper manipulation with a new industry..ie internet..or with the need for cost savings for major corporations..again technology?
or did they need very low interest rates to save people and corporations a lot of money?*mortgages,corporate loans,etc..