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To: Mary Cluney who wrote (49120)	4/29/2004 11:51:22 AM
From: macavity	Respond to of 74559

AG is not out to wreck the global economy He knows exactly what is happening, IMO. Everyone is shouting inflation and he is shouting Deflation. He knows the issue is the Debt, but he believes he can save us(?) from judgement day. He is suffering from delusions and dissonance. He can't claim to be stupid, so he will have to claim to be ignorant, or that he was decieved, instead. He has his intellectual escape pod somewhere safe as we type. -macavity

To: Mary Cluney who wrote (49120)	4/30/2004 2:12:37 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 74559

Hi Mary: >>Admittedly, if you put a human in the Central Bank position, you will always have weakness of human nature spill in to decision making.<< Fine, if the human in question is not getting/pushing for the aureole of a superhuman Wizard of Oz I dont think the person per se matters - Roberpierre for instance is good for visualizing terreur, but otoh it took more than just him to get it to hurricane level -. >>I doubt there are many serious and responsible economists who would differ on how to manipulate interest rates by more than 25 to 50 basis points and within 4 or 5 months time span.<< Yes there are. And yes, they would do it differently. But they're out of limelight. >>That doesn't mean economists really know anything important outside of a lot of minutia - but that is what we have to work with.<< BULL. Except if, on your own terms, all the economists are dopes, and that includes AG. But then, we may have a common point to start from. >>AG is not out to wreck the global economy. << Who said anything like this? It not his intentions that count, it's his actions.