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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?

To: Lost1 who wrote (4786)	3/1/2001 1:29:26 PM
From: AugustWest	Read Replies (1) \| Respond to of 15481

Subject 50738;

To: Lost1 who wrote (4786)	3/1/2001 1:44:21 PM
From: Junkyardawg	Read Replies (1) \| Respond to of 15481

No one is liked by everyone but I would rather have a little inflation than what I have now. Greenspan never understood that technology has allowed for a little higher inflation because of productivity. He still uses the lessons from the 1800's to govern the monetary markets. Regardless of what the lying bastard says he trys to control the market and with is position he accomplishes that goal. If we had had high inflation or any inflation at all for that matter then maybe someowhere in the back of my mind I could understand what the FED has done. But for now I am at a total loss. We never had inflation and Greeny caused the worst crash in history (nasdaq) because he claimed he wanted to stop inflation before it ever raised its ugly head. Insane, never was inflation so he crashes the economy because.....hey we might see some inflation sometime. By the way: You should know better than to get me started on Greenspan. dawg