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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: abuelita who wrote (25040)	8/11/2003 11:19:11 AM
From: Rarebird	Respond to of 89467

I listen: "I indicated earlier, the FOMC stands ready to maintain a highly accommodative stance of policy for as long as it takes to achieve a return to satisfactory economic performance." Greenspan This simply means that Greenspan plans to continue to supply the US monetary and financial system with more tidal waves of new additional money and with unlimited Central Bank credit. What it also means is that the USA is now off on its own road towards becoming another Argentina or Brazil.