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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (28154)	5/14/1998 10:02:00 PM
From: Skeeter Bug	Read Replies (2) of 132070

mike, i haven't heard anyone discuss this, but could the fed be keeping rates low to minimize the interest expense on the debt and the bubble is just something that occurred in this decisions wake. rates go up then the voodoo budget balancing is really smoke. bad politics.

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