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To: capitalist229
If Ron Paul were in charge his first act would be to stabilize the currency by raising interest rates.

And how, praytell, would Ron Paul raise interest rates?

And even if President Ron Paul had the power to do so (which he would not) .... "raising the interest rates" would not be any different, morally, from Bernanke lowering them. He'd just be playing to a different crowd.

Muddle muddle muddle....

58 posted on 09/21/2007 7:48:01 AM PDT by r9etb
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To: r9etb
"raising the interest rates" would not be any different, morally, from Bernanke lowering them

Surely you jest.

In 1980 Volcker saved the currency and the country by raising rates to 18%.

That was a moral act.


BUMP

65 posted on 09/21/2007 8:45:45 AM PDT by capitalist229 (ANDS)
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