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To: paul ross who wrote (15498)8/8/1998 10:57:00 AM
From: Gabriela Neri  Read Replies (4) | Respond to of 116770
 
Are you suggesting that Larry Kudlow is correct. That he is the only light of vision in our vast resources of economists. Disect his arguements one by one and see for yourself if they really all hold together. But, better yet, whats the point. The fed has about as much a proclivity to lower the fed funds rate as Clinton does in pursuing a mea culpa strategy with Monica Lewinsky. It will not happen. Fed would be induced to lower rates only if we had a stock market crash. Barring that, Larry is engaging in mental masturbation, at which he is best.



To: paul ross who wrote (15498)8/8/1998 8:48:00 PM
From: long-gone  Respond to of 116770
 
I heard that discussion with Larry, & later heard him on a PBS with
Pat Bucanan, who said the same thing. I agree! we need more money! When I run the world(the Fed.) I'll have a little more money out there, and a little tighter margin.
rh