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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (47426)	1/29/2001 9:48:17 AM
From: michael97123	Read Replies (1) \| Respond to of 77400

"We'd be much better off (IMO, of course) if the Fed were only responsible for keeping inflation within a certain range, say 0% - 3% or so, and let the economy fall where it may." Am shocked by that statement. "Let the economy fall where it may." You obviously dont have a sense of history when it comes to what happens when the the economy is falling. I am not saying inflation is a good thing but we are not talking about the runaway variety here. The danger is an economy that is fallling out of bed because of the feds overshooting rate increases last year.