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Mr. Greenspan is not the first Fed "hater" of the stock market. In 1929 Fed
was fighting the stock market "teeth and nails" (or is it "nails and
teeth"?). From memoirs one can find the "logic" behind it. As of Mr.
Greenspan "those who do not want to know the history bound to learn it..."
Alex.
At 12:59 AM 8/4/99 -0500, Robert W Cummings wrote:
>
>
>This Fed chairman really hates the stock market going up. Wants a down
>market deflation instead of growth or slight inflation. You can't fight the
>trend or Greenspan. I don't understand his thinking or think he should
>manipulate the market but he's the boss. Done okay so far.
>Robert
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