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To: Jimbo who wrote (48614)2/8/2001 6:40:15 PM
From: t2  Respond to of 77400
 
Alan - is shaking in his boots - realizing he overcooked it with rate hikes. Boy that FED really screwed up the works this time. All the sophisticated models AG is running couln't see this recession coming, they are worthless - and to boot inflation never even got out of hand throughout 2000. What a joke ! Ok now I feel better <ggg>

I feel better now too. Hopefully, they won't fight imaginary inflation again. Alan G has learned a lesson about economics this time around.
International trade makes it hard to raise prices and I hope the FED finally realizes this...especially the inflations hawks that we heard so much about last year..those were the real bozos. Greenspan seems more flexible than some of the others.



To: Jimbo who wrote (48614)2/8/2001 8:22:09 PM
From: Monty Lenard  Read Replies (2) | Respond to of 77400
 
realizing he overcooked it with rate hikes

What about creating a bubble with rate decreases? I did not hear anyone complaining about him back then. Everyone loved it and got too greedy ... now they are paying the piper.

Monty