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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (2782)	7/6/1999 7:45:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 3339

Skeeter Bug, >>...he WILL NOT let the bubble pop on his watch. But AG himself indicated otherwise: "...Should volatile asset prices cause problems, policy is probably best positioned to address the consequences when the economy is working from a base of stable product prices." (Alan Greenspan, June 17th testimony). Keywords are "address the consequences". Nothing about avoiding or delaying a crash, but should one occur (and it most certainly will), the Fed will "address the consequences" after the fact. ATG