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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (33535)	10/7/1998 9:59:00 PM
From: Joseph G.	Respond to of 132070

Sure, in 1929 it was also a big contribution that Europeans sold US paper assets and repatriated gold (because of gold standard then major currencies were fixed). That's one of uncertainties of monetary and fiscal policies that there are unforeseen consequences, sometimes disastrous. And this is also a reason I would not like to have one of these Deallheads or Sicksoites as the Fed chair, though they always know what the Fed should do to save their margined gambling stakes. -g-