Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: MSI who wrote (261244)	6/5/2002 8:37:26 AM
From: greenspirit	Read Replies (1) \| Respond to of 769670

Ahhh, a Perotista...That's great you were fortunate to meet Milton Freidman. I have a lot of respect for him. His ideas truly have shaped the world in ways no one could have thought possible. I also agree with the Greenspan comments. It must be an extremely difficult job to always get it right balancing so many different economic variables. And Greenspan has been right far more often then wrong. He underestimated how far U.S. businesses moved toward what Michael Porter termed the "Production Frontier Curve" and because of that, was too quick to jack up interest rates in order to stamp out what he predicted was rising inflation. Rising productivity being the key component which dampened inflation concerns.