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Pastimes : CNBC -- critique.

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To: engineer who wrote (7648)4/3/2001 2:04:34 PM
From: Thomas M.  Read Replies (1) of 17683
 
Exactly how much money and credit do you want Greenspan to pump into the financial system? Maybe you should move to a banana republic where the government can print money every time the citizenry whines. We're getting close to that situation here, though.

economagic.com

Congress is not the Fed's boss. In theory, they could control the Fed. However, the Fed would immediately lose all credibility and the dollar would collapse. The very thought of jokers like you having influence on our financial system would be enough to destroy the fragile confidence the world has in the U.S. Dollar.

Tom
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