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To: nextrade! who wrote (22240)7/15/2004 9:22:54 PM
From: nextrade!Read Replies (1) | Respond to of 306849
 
Can a gradual tightening prevent an economic bust?

brookesnews.com

Conclusion

The popular view that transparent monetary policies will allow the Fed to tighten its stance without any disruptions is based on erroneous ideas. Regardless of policy transparency once a tighter monetary stance is introduced it sets in motion an economic bust. The severity of the bust is conditioned by the length and magnitude of the previous loose monetary stance and by the state of the pool of real funding.



To: nextrade! who wrote (22240)7/16/2004 3:54:24 AM
From: Amy JRead Replies (1) | Respond to of 306849
 
nextrade, I really liked how they have reports from all over the world. Regards, Amy J