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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: LemonHead who wrote (8168)	8/12/1999 11:15:00 AM
From: OldAIMGuy	Read Replies (1) of 18928

Hi LH, It sounds like CH is taking Mr. G's activities personally. He also alludes to the stock market having a life of its own - unrelated to the general macro economy. Hmmm. In any case, making Mr. G out to be some sort of spoil sport or demon is just silly. He's a banker. He charges just like any other business - all the market can bear. He knows that to raise interest rates too high will actually cut down on borrowing and therefore cut down on his "bank's" profits. He seems to have shown the ability to follow the fine line of maximum sustainable economic growth for a long time. I don't fear Mr. G leaving, I only fear that someone less capable should replace him. Best regards, Tom

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