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" ... I yearn for shorter business cycles – bim, bam, bum! Sixties and seventies, cycles got triggered by capital goods and inventory overspending. McChesney Martin, a gimlet-eyed detector of the corporate sector, was quick to take away the punch bowl of easy money. The tech bubble of 2000 was a Wall Street fantasy that shoulda been corrected by much higher interest rates which stood then at 4.5% for Fed Funds. ... "