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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (1619)10/26/2005 4:42:29 AM
From: Ilaine  Respond to of 219868
 
Bernanke on the Mundell Fleming Trilemma, Winter 2005, from Cato, a libertarian think tank.
cato.org

Greenspan famously kept an old book on his desk which he consulted from time to time. Wracking my brains here, what was it?

Not a stock market book, a book about business cycles.

These aren't men who strive for bold changes. They're like (I keep saying this) the guys who oil the machines. I used to work in a refinery with huge pumps bigger than a house. Making sure they had enough oil was both a mundane job, and the only job that really mattered.