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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (57424)4/26/1999 12:18:00 PM
From: valueminded  Read Replies (1) of 132070
 
Wayne

Heres a thought. Any threat on the dollar (including a stock market decline) will be met by rate cuts from the FED. Al may try to end it gently, but if he senses a drop, he will meet it with as big a money expansion as necessary to fix it. Additionally, US has latitude as we are the "only economy that is doing well"
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