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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (63108)	1/30/2001 2:05:58 PM
From: russwinter	Respond to of 116944

M 1 money supply up 100 billion in last four weeks: Top 10 Reasons Why Americans Should Feel Confident That Alan Greenspan Will Navigate A Hard Landing For The Economy," and here it is: 10. Believes that consumer debt is "a very potent and very desirable financial institution" -- July 25, 2000. 9. Believes that "most people have a generally good idea of how much debt they can carry, and they don't go beyond it" -- July 25, 2000. 8. Believes that the combination of "a slowing in inflation and sustained rapid real growth" over recent years is due to an "acceleration of productivity" -- July 22, 1999. 7. Believes that "the central bank cannot effectively directly target stock or other asset prices" -- July 22, 1999. 6. Believes that derivatives are "an increasingly important vehicle for unbundling risk" -- March 24, 1999. 5. Believes that "to spot a bubble in advance requires a judgment that hundreds of thousands of informed investors have it all wrong" -- June 17, 1999. 4. Has difficulty defining "with precision" the limit of prudent money growth -- Oct. 19, 2000. 3. Believes "it is not possible to manage something [money] that you can't define" -- Feb. 17, 2000 2. Cannot define "what part of our liquidity structure is truly money" -- Feb. 2, 1999. 1. Believes that "bubbles generally are perceptible only after the fact" -- June 17, 1999. Any questions?