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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: LemurHouse who wrote (43877)	3/16/2001 12:46:14 PM
From: michael97123	Respond to of 70976

The inflation he's most worried about is asset inflation, and he/they are quite happy to have let the air out of the market (as separate from the economy) Letting the air out is one thing! Failing to allow assets to grow from these depressed levels is quite another as well as not understanding the link between markets and economy. I dont know the man but i believe he is not stupid. If you are right a hard landing may become a crash landing.

To: LemurHouse who wrote (43877)	3/16/2001 1:08:38 PM
From: 16yearcycle	Respond to of 70976

I agree on everything you have said. Lately I have been thinking that Greenie has done the same thing to asset inflation, as Volcker did to commodity inflation. He applied the same principles. Out of this we will have a great run. But where do we go first? The markets know there is nowhere to go but down until the fed takes its foot off our neck, and then it will require time to heal.