>And last time around, it was just the neato way the Market is supposed
>to work. Will ever make up his mind?
Greenspan's discourse is not unlike Freud's dreamwork: contradictions are presented in sequence rather than worked out simultaneously. So, Greenspan will contradict himself from month to month, or even paragraph to paragraph. All along, he's been worried about the contradictions between global deflation/crisis and domestic "overheating." I think what's happened is that the international financial scene has settled down enough that he can start worrying about the excessively low unemployment rate and the excessively high stock market again. This week.
Doug