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To: Skeeter Bug who wrote (123533)4/11/2001 8:52:17 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<3 of the months prior to march 2000, money supply was cranked out at a double digit rate. >>

of course. Y2K was unpredictable; Greenspan had to do that to some extent.

<<tight is relative. was it too tight to keep the malinvestment ballooning ever higher? absolutely.

but i don't think ballooning malinvestment is a good thing. >>

tunnel vision. Think "the economy " not the market. I'm not thinking about the market here - it's the economy.


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