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Politics : Idea Of The Day
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To: Lee who wrote (28824)9/15/1999 3:06:00 PM
From: gerard mangiardi  Read Replies (1) of 50167
 
Tell you flat out volker caused as much inflation as he stopped. Remember the vacuous statement about too much $ chasing too few goods. High rates result in too few goods. they also reflect a bias against the efficiency of a market system by preventing business from upping production of a good or service when a competing product's price runs up.
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