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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (98422)4/27/2001 5:42:06 PM
From: At_The_Ask  Read Replies (2) of 436258
 
He did not mention the near-term outlook for the U.S. economy, except
to note that the current slowdown in growth probably would cause a
weak spell for productivity gains.

<But he said the long-term trend of fast productivity growth should remain
intact>, which bodes well for the government's balance sheet.

This should read "Greenspan stated that he intended to print as much currency as would be needed to insure fast productivity growth"
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