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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo who wrote (25531)	12/16/2000 2:27:40 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

on Reuters: Fed is fighting a ghost inflation from 1975-1983 and OPEC wars from 1987 blowoff top also misread as inflationary if Fed wants to repeat the 1987 disaster, they should sharply raise interest rates now, blaming it on higher crude oil energy and labor costs and benefit costs that would cause an additional 30-40% stock decline and a recession for at least two years the Federal Reserve causes recessions they are not a natural event in an equilibrium-based economy they are the result of human error in controlled mgmt (assuming no cold war huge financial drain) / jim