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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Raymond Duray who wrote (5720)2/28/2002 11:32:09 PM
From: John Pitera  Read Replies (1) of 33421
 
Reagan started the ball rolling, with his indifference to debt levels I think if you go back a bit further we'll find that the large budget deficits generate by Johnson's great society programs and the Vietnam War was what knocked the US Govt. off of the Bretton Woods Gold standard in 1971.
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