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Politics : Ask Michael Burke

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To: BGR who wrote (48407)	2/23/1999 11:00:00 AM
From: Cynic 2005	Read Replies (2) of 132070

<<Another thesis is that in the 30's tight monetory policy was more responsible for the depression than anything else. Even Japan is being adviced to inflate their way out of recession now.>> You are WRONG! The Feds tried to flood the system with liquidity. No borrowers. You can lead the horse to the pond.. Only thing they didn't do is air-drop dollars, which is essentially what Greeny and his cohorts are doing now.

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