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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (63794)	5/13/2005 12:33:23 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 74559

Greenspan's public disagreement with his earlier work goes far beyond a few passages. The entire concept of hard money stands in direct conflict with everything he has done since becoming Fed Chair. He's gone from hard money economics to currency crank - and that's a very long journey indeed. I find it difficult to believe he has changed his private opinions. I think his job just requires public allegiance to concepts which he has long known are totally bankrupt. .