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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (16682)	7/19/2004 1:45:58 AM
From: ild	Read Replies (1) \| Respond to of 110194

Alan Greenspan: Can his monetary policy prevent economic busts? Dr Frank Shostak brookesnews.com The popular view that transparent monetary policies will allow the Fed to tighten its stance without any disruptions is based on erroneous ideas. Regardless of policy transparency once a tighter monetary stance is introduced it sets in motion an economic bust. The severity of the bust is conditioned by the length and magnitude of the previous loose monetary stance and by the state of the pool of real funding.