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To: Activatecard who wrote (11114)8/15/2000 8:26:47 AM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
yep... clownbucks gonna be wallpaper at some pt.... this fed so f*cking stupid its almost unbelievable...



To: Activatecard who wrote (11114)8/15/2000 9:47:29 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
yes, i know...and i actually anticipated it. he's trying to outprint the negative stock market seasonals ahead of the election. he knows the stock market IS the economy now...it's the only sector of the economy in which inflation can rage unhindered, the one sector in which hyperinflation is actually regarded as a 'good thing'.

a vast source for misallocation of capital and malinvestment...my guess is it will be referred to in the history books as the 'Greenspan bubble'....