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To: Alex who wrote (2410)	10/24/1997 1:49:00 PM
From: Alex	Respond to of 116892

Greenspan says debate on New Age economy is open WASHINGTON, Oct 24 (Reuters) - U.S. Federal Reserve Chairman Alan Greenspan said on Friday that the debate on whether the U.S. had entered a benevolent new era of economic growth was still open. ''This debate will continue for months or even years,'' he said. Greenspan said his speech to the National Italian-American Foundation would concentrate on the demise of centrally planned economies following the fall of the Berlin Wall and the collapse of the Soviet Union. ''Centrally planned economic systems had great difficulty in creating wealth,'' he said, noting that the systems had created shortages and were too inflexible.