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Non-Tech : Monetary Policy and Standards
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To: Hawkmoon who wrote (26)8/26/1999 2:43:00 PM
From: long-gone   of 29
 
<<With an estimated $12 Trillion in deposits sitting in banks or postal savings plans, it certainly is not an issue of not having the wherewithal to have a vibrant consumer sector, but a matter of will (both on the part of govt and consumers).>>
I read, fifteen years ago, this quote: "The problem with the world is the Japanese can't spend, the Americans can't save and Europeans can't earn".
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