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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: NOW2/19/2005 6:02:15 PM
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"And while I still think that the gold standard served us very considerably during the 19th century, and mimicking much of what the gold standard does is what we do today, I think in that context so far we have maintained a stable monetary system. And I do not think that you could claim that [the] central bank is facilitating the expansion of expenditures in this country.”
Greenspan to Ron Paul
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