DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The Greater Than Great Depression Depression?

**arrasleds** · 02-07-2006, 07:18 PM

Zorlag
My guess is on that Barnake will inflate like no tomorrow like his predecessor big Al. What delusional world are you living in? You can say alot of things about Greenspan, but that he "inflated" is the furthest from any. His record on containing inflation is unasailalbe. Where I fault him is for being overly cautious on inflation to the extent that he tended to consistently understimate the inflation retardant effects of consistent productivity gains over the last 25 years (largely unleashed by the Reagan taxcuts) which resulted in his raising interest rates too much in the early and late 1990s

02-07-2006, 07:18 PM	#4
arrasleds Join Date Oct 2005 Posts 407 Senior Member	Zorlag My guess is on that Barnake will inflate like no tomorrow like his predecessor big Al. What delusional world are you living in? You can say alot of things about Greenspan, but that he "inflated" is the furthest from any. His record on containing inflation is unasailalbe. Where I fault him is for being overly cautious on inflation to the extent that he tended to consistently understimate the inflation retardant effects of consistent productivity gains over the last 25 years (largely unleashed by the Reagan taxcuts) which resulted in his raising interest rates too much in the early and late 1990s
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