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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Father Terrence who wrote (85372)	8/13/2000 8:37:31 PM
From: Dayuhan	Respond to of 108807

I Didn't see that implication. It could be argued that while many other forms of inflationary policy are possible, a war was the only one LBJ could slip past Congress. I won't argue it, since I don't agree with the premise in the first place, but I didn't see the implication that you did. From a previous post: But Greenspan plays a big role as does the Internet because without a stable economy and the emergence of new technology fueling Nasdaq the boom would have been no where near as big or sustainable. Greenspan didn't produce the new technology, and I'm not sure he really produced the stable economy either. Sailing straight isn't that hard to do on a smooth sea with a fair wind. I suspect that the stable economy - and Greenspan's reputation - are products of the same fundamental demographic and technological trends.