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To: John Vosilla who wrote (28508)3/22/2005 2:42:55 PM
From: Elroy JetsonRespond to of 306849
 
If Monetarism didn't provide such obvious benefits for our welfare society, Milton Friedman, Alan Greenspan and Ben Bernanke would not be the politician's pals.

They are popular precisely because their system suspends market constraints, if only in the short-term. Once the debt levels created by their "system" become too great, Monetarism melts down into an ugly mess.
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To: John Vosilla who wrote (28508)3/22/2005 4:20:27 PM
From: bentwayRespond to of 306849
 
Let's not forget that the Bushies may be printing money to buy our own bonds through Carribean banks! Where would the dollar go if that proved to be true?