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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ahhaha who wrote (81725)3/16/2001 6:22:23 PM
From: chic_hearne  Read Replies (1) of 436258
 
I don't think an interest rate wiggle of 1-2% can have the type of material impact needed to destroy the economy. Ask your self this, if a business plan works while the fed funds rate is at 4% but not 6%, is the problem the BUSINESS PLAN or the interest rates? I think it's foolish and naive to be blaming anything that's happening now on the rate hikes that started in 1999. JMHO
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