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To: Maurice Winn who wrote (103023)8/20/2001 3:52:12 AM
From: samim anbarcioglu  Respond to of 152472
 
mw<<Is it actually something he says, or exactly what don't you like? Have you listened to him and read his writing? >>

I'm one of those who believe that his series frb interest rates hikes through 1999 - 200 were too much and they continued too far, exacarbating the telecom and .com demise.

He delayed too long to start reducing his interest rates and spread it all the way out to 8 months so far. That imo is very wrong. Having done what he has done, he should be buying bonds right now and pumping up the money supply, and he is not doing that enough. Over the last 12 months (7/00 - 7/01) M1 has grown only 3%. federalreserve.gov Take a look at table 2, I would have liked to see that figure around 8%.

His y2k fears were laughable.

About his speech style, Let me just say that I prefer crisp, and articulate.
sa



To: Maurice Winn who wrote (103023)8/20/2001 1:10:42 PM
From: surfbaron  Respond to of 152472
 
Maurice: I call him Green Eggs & Ham but for a different reason. He can not publicly state his deepest fear; that fear is such low rates on 30 year bonds that the 30 year bondholders, especially the Japs, seek a higher relative return. That scenario is serious pain. He has been hemmed in ever since Willy Wonk and Uncle Ruby went to short rates early in their admin.