Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Greenspan, Rubin & Co - the Most Irresponsible Team Ever?? -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (262)	3/30/2000 5:16:00 PM
From: Daniel G. DeBusschere	Respond to of 309

The Fed is using jaw-boning techniques it appears - A lot of statements lately by both voting and non voting members of the FOMC are getting a lot of press. It's now no longer just Greenspan. I believe these guys really do not want to jack up rates.. So their next best thing (especially hitting the NASDAQ) is to scare off the market with threats. "We are coming to getcha and slam you with all that it takes, but we really do not see any evidence of inflation in the current numbers or we really do not see any speculative bubbles, etc.."

To: Cynic 2005 who wrote (262)	9/20/2000 10:05:26 PM
From: Thomas M.	Read Replies (1) \| Respond to of 309

From the February 2000 issue of the Richebacher Letter: <<< A friend of ours now living in London told us some time ago of an astounding conversation he had in the early 1970s. At a lunch with Mr. Greenspan (when he ran his own economic advisory service), they discussed gold and the Kondratieff Cycles. Mr. Greenspan stated that he would love to be head of the Fed when the Kondratieff Cycle was due to end in the late 1980s. He was quite sure he could overcome the deflationary impact of the cycle by injecting sufficient credit into the system to offset inflation. He ended the conversation by saying that should he fail to achieve his objective, there was a chance that when the cycle did end, the resulting Depression would be by far the biggest the world has ever known. >>>