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To: OLDTRADER who wrote (141727)9/9/1999 5:43:00 PM
From: jmac  Respond to of 176387
 
I must respectfully disagree. There is a place for a fed. It is to monitor and control monetary policy. But, monitor demand/supply, asset valuations, etc.--absolutely not. They were more efffective when they met in secret and di what they had to do. But, this current lecture circuit is horrible.