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To: Steve who wrote (49059)2/18/2001 5:45:56 AM
From: Jimbo  Respond to of 77400
 
No offense Steve but your statement reminds me somewhat of comments recently by AG. By institutions due you mean the FED. I think in recent times the FED has been too slow to react to economic conditions - either tightening or easing + the incessant focus on inflation as their main focus. Right now easing quickly and providing liquidity is of utmost importance - even at the expense of 1% increase in inflation. AG needs to act now ! Time will tell.