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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (6360)6/27/2002 2:37:19 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 33421
 
I didn't suggest that he was. Just pointing out that the current administration *wasn't*. I do think that the FOMC is greatly responsible for the bubble. Without the inflation of the money supply, the bubble would have been much more muted. And the basic premise for increasing the money supply was flawed to start with (Y2K worries).