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To: kendall harmon who wrote (95729)5/3/2000 9:04:00 AM
From: Jeff Jordan  Respond to of 120523
 
Kendall,

It's ok to disagree w/ my opinion....I need to focus on todays strategy, otherwise I could give you a better reply.
short ver: Two yrs ago Greenspan was afraid of the economy overheating....and the markets were too high. Well, the economy got stronger...never overheated because of productivity gains, etc. NO inflation...talk of Deflation,( that will come after the economy is pushed into a recession and the feds don't turn on the money taps fast enough)

inflation is caused by the printing of money...not a result of prosperity. The FED is using rate hikes like a meat ax IMO, the reason: to fight perceived potential inflation?

It's just too complicated an issue to give a short answer on any area of this subject...one thing effects the other...on and on, on...that's economics

I only know enough to have an opinion....I'm 100% sure I'm on one side of the debate....Focusing on the problem usually results in a solution. Is the Fed funds rate the cause?

I think I'll be just fine trading also<g> I hope!

Fed policy discussed here:
Subject 33965