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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: Nandu who wrote (162)	6/2/2000 9:22:00 AM
From: Scumbria	Read Replies (1) \| Respond to of 494

Nandu, Don't you agree that both inflation and unemployment are low right now? Doesn't that mean that Greenspan has been doing his job? I do agree that inflation and unemployment are low, and that the economy of much of the world is booming. I don't think it has much to do with Greenspan. It has much more to do with the removal of trade and other business barriers during the 90's. Cheap labor, manufacturing and raw materials can always be found somewhere in the world, and this reduces inflationary pressures- while stimulating worldwide demand for goods. Scumbria