Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Mary Cluney who wrote (49120)	4/30/2004 2:12:37 PM
From: smolejv@gmx.net	Read Replies (1) of 74559

Hi Mary: >>Admittedly, if you put a human in the Central Bank position, you will always have weakness of human nature spill in to decision making.<< Fine, if the human in question is not getting/pushing for the aureole of a superhuman Wizard of Oz I dont think the person per se matters - Roberpierre for instance is good for visualizing terreur, but otoh it took more than just him to get it to hurricane level -. >>I doubt there are many serious and responsible economists who would differ on how to manipulate interest rates by more than 25 to 50 basis points and within 4 or 5 months time span.<< Yes there are. And yes, they would do it differently. But they're out of limelight. >>That doesn't mean economists really know anything important outside of a lot of minutia - but that is what we have to work with.<< BULL. Except if, on your own terms, all the economists are dopes, and that includes AG. But then, we may have a common point to start from. >>AG is not out to wreck the global economy. << Who said anything like this? It not his intentions that count, it's his actions.

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