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To: marginmike who wrote (119183)	8/31/2001 10:49:41 PM
From: SOROS	Respond to of 436258

washtimes.com

To: marginmike who wrote (119183)	8/31/2001 11:59:15 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 436258

<The bears here that I know have been sour on Greeny for a long time, they arnt jumping on any wagon's. They are entitled to disagree with you.> Of course they are MM. I'd point out that I've been a Green$pan fan club member for years, including when he was raising rates and the bulls [I'm still one] were whining like a fleet of 747s. But mostly, [not you], people have got onto the anti-G bandwagon since everything came unstuck early last year [first with irrational exuberance that dot.coms and telecoms were going to the moon - then with them going through the floor]. I understand the arguments that people disagree with what he's decided to do [in cahoots with the Fed Reserve sidekicks] but to say he's senile, mad, deliberately destroying the economy etc is simply wrong. Poor old Limtex gets really upset with what he thinks Uncle Al is doing. Many of us [me too] could not believe that Y2K would be a millennium bug problem, so I disagreed with the expansion of credit and positioning for a dramatic increase in liquidity to avoid possible problems [but I might have been wrong]. But I agreed that he should tighten it up when everyone went nuts, bidding zero NPV dot.com stocks to $10 billion prices. I agree [with him] now that he should print it up and cut interest rates. His job is to maintain a stable money supply. Yes, I know he could just leave a certain number of dollars in circulation and let the markets fight over them. But they do like to print more - a money tree is a lot of fun and a bit of inflation [3%] is simply a way of paying oneself for maintaining the money supply in good nick. Go Green$pan Go! Happy hunting mate, Mqurice