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To: Follies who wrote (59727)	9/1/1999 2:04:00 AM
From: KeepItSimple	Respond to of 86076

But even a child could see that rampant asset and land inflation is what destroyed the japanese economy in '89. Why are our leaders unable to see the exact same thing happening here? Or are they politically unable to act? I saw dan quayle on TV yesterday calling for greenspan's removal, for daring to slow down the stock market. With every grandmother in the country now playing the market, anyone who dares to take away the punchbowl is going to quickly find themselves thrown out of office, or in greenspan's case, the most hated man in america. ------------------------------ Because of the improvements in production we do not see the effects of the inflation in things manufactured but we do see inflation in land values!! Technology cant improve that.