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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (45222)	12/7/2000 6:17:14 PM
From: patron_anejo_por_favor	Respond to of 436258

<<Till then, the big hope among the pruveyors of bubble and ex-bubble merchandise is for the Fed to try reinflate.>> They wait (as does most of the Clown Nation) for the wondrous benefits of reinflation via the Greenspan Poot! As Noland pointed out, though, each succeding round of reinflation produces less and less of the desired effects (stimulating production output, etc) and more and more of the undesired (inflation, commodities crunches, excessive business and personal indebtedness, etc). In other words, cuutting rates and running the printing presses will simply fail to work ("This time its REALLY different!"): prudentbear.com