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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (261184)	4/10/2008 12:08:03 PM
From: TimF	Read Replies (1) \| Respond to of 281500

Total production did not go down 50% or more, so the majority of the production did continue. More relevant to the point is that even with the great expansion of government at the time, most people depended on resources from the private sector. The certainly where not surviving on the Fed's resources, so the relative cash balance of the Fed wasn't an important point than and wouldn't be now. Comparing the feds holdings of cash to China's cash holdings isn't useful in determining how each country could deal with the cessation of bilateral trade.