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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (17659)1/30/2002 6:42:29 PM
From: Raymond Duray  Read Replies (1) | Respond to of 281500
 
Hi Hawkmoon,

Your discussion is pretty far afield from the FADG theme, so I'll be brief:

When the size of the national debt diminishes in comparison to GDP growth, the Fed has a harder time managing the monetary system, and it's actions create more volatility than is necessary.

To me, this sounds like pure sophistry from a bond salesman trying to justify his existence.

Other than that, I've found lots to disagree with in your post, but will refrain from comment.

Best, Ray



To: Hawkmoon who wrote (17659)1/31/2002 7:43:06 AM
From: SirRealist  Read Replies (1) | Respond to of 281500
 
The blinding biases in arguments put forth by partisans of every stripe never cease to annoy me. But only for a second, when I can click to a next post... even a next post written by the same partisans with the blinders off.


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