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Politics : Foreign Affairs Discussion Group

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To: paul_philp who wrote (57428)	11/17/2002 12:41:46 AM
From: Karen Lawrence	Read Replies (1) of 281500

If Greenspan's interest rate hikes and drops didn't affect anything, then what was the interest in his every move? I think he didn't act soon enoughin 96, and then he exacerbated the problem when he started hiking interest rates in 99 and 2000. When he did something, the market reacted. And IMO, he did everything wrong. But, that's fascinating that you are writing a book, and I'm certain you know infinitely more than I. However, I still blame AG. He takes credit for what goes right, why should he skate for what has gone wrong? But I'll be very interested to read your book. Who is Claude Shannon?

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