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To: Bill Harmond who wrote (88304)	12/22/1999 1:47:00 AM
From: KeepItSimple	Respond to of 164684

>didn't exist then that allowed individuals to invest efficiently. I think the correct term would be "gamble easily" >By its inaction and continued neutrality the Fed believes we have financial >stability for now William, do you know what a coupon pass is? If we had financial stability, why is greenspan & co printing money since october at a rate unseen in the history of this country? You think that action of flooding the market with cash has NOTHING to do with the nasdaq's 30 percent rise in a month? Or 48 percent in the last two months? Don't confuse a printing press running at full capacity with a wonderful economy. It all seems rosy until the bottom falls out- you find yourself needing a wheelbarrow full of cash to buy a loaf of bread.