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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Dale Knipschield who wrote (66317)	9/26/2002 1:53:16 PM
From: michael97123	Respond to of 70976

"Asian Contagion", Knip, As devils advocate, perhaps the situation was severe enough to warrant the money pumping. The more important question is whether situation is severe enough now to warrant money pumping. I think his mistake was confusing controlling inflation with virtually eliminating it. We could have live with 4% for a year or two if we had to without rapid rate hikes which helped kill the golden goose. Thats just another way of looking at it--in either case old alan gets an F. mike PS are you honing your dueling skills for the upcoming weehaukin battle? BWAC and STOX are on their way from North Carolina. Gottfried is out picking up the pistols. Cary refuses to fight and is being replaced by Brian Kerecz.. <ggg>