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To: MulhollandDrive who wrote (6333)	3/7/2000 7:24:00 PM
From: Ponderosa	Respond to of 35685

Great comments bp and limtex! Yeah, seems to me the Fed has got it backwards big time. They still think that growth causes inflation. Seems to me that stable prices, (i.e. little or no inflation), provides a great economic environment that allows growth to happen. There is nothing wrong with growth in and of itself and they shouldn't be trying to dicker with it. Just my 2 cents...

To: MulhollandDrive who wrote (6333)	3/7/2000 11:23:00 PM
From: limtex	Respond to of 35685

bp - Mr G and tomorrow - The major group to suffer so far have been pensioners, retirees and those soon to retire. They are the ones who own most of the NYSE/ Dow stocks. These people don't invest a lot in 'risky' tech stocks. He is it appears now to target those who have made immoral gains out of high flying tech stocks. People should not be allowed to make such huge gains. And don't ask me what constitutes too much...its obvious. If you want Mr G to leave the markets alone then you must stop making quick money or easy money or too much gain and stop all this shopping and buying of BMWs and Mercedes .....so what if all the workers on those companies get fired...they're not Americans and in any case how much are IBMs, Kodaks, Proctor and Gamble, GM, GE Disney, Pepsi, MacDonalds etc etc revenues in Germany or Europe and so what if Europe goes back into recession because we stopped buying their goods.At least nobody will be making too much stock gains. If he continies this way he may well break the back of the markets. Maybe he will thus prevent some biotech company from going public and being the source of immoral gains to its stockholders. Yes those stockholders will be prevented thereby from going out and buying Mercedes which they haven't earned as they would have made 'too much gain'...... .............unfortunately the company concerned might also have been the one which had a cure for cancer! Best regards, L