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To: 16yearcycle who wrote (6184)4/6/2001 11:30:07 AM
From: 16yearcycle  Read Replies (2) | Respond to of 57684
 
Count Dracula, Mickey Levy, is on tv explaining how it won't do any good for the fed to ease, so there is no point. By the way Bill, he is another moron who works for B of A where they all seem to go. Wonder where he went to school? Bimini, maybe.

Having expressed my frustration, this inaction by the fed, while short term destructive, is going to give us years of benefits by destroying any possibility of inflation. I wonder if Greenspan thinks that our consumers are so strong, that he can be more heavy handed in a down turn than makes sense. It's the only thing that explains this I think: he is very confident that the consumer won't break.