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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Lazarus_Long who wrote (287354)	8/15/2002 8:25:03 PM
From: TigerPaw	Read Replies (1) \| Respond to of 769667

Do you know what they do? (Federal Reserve) I know what they don't do. They don't run the economy. They only influence borrowing based on the available interest rates for loans. They don't actually make banks willing to loan to companies who are losing money at great rates. They don't give loans to consumers whoes credit cards are maxed. They have a much greater effect when there is flexibility and demand in the economy than when there is stagnation and deficit. Are you sure you know what they do? TP