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To: concerned about politics
Uh....when the interest rates go up, it's to stop INFLATION, not recession. That means the economy is strong

There is NO INFLATION - (any movement has been do to rising energy costs!! - and interest rates have no effect on those!) - Productivity has kept inflation in check for the past 10 years! -

Greenspan has been the common denominator of the past 2 recessions with his foolish interest rate hikes!! In both 1991 and in 2000! ( he raised rates 9 and 12 times during both!!) -

A growing economy does not need interest rates rising! - Reagan and the 1980's proved this!

42 posted on 08/18/2004 8:11:45 AM PDT by POA2
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To: POA2
Greenspan has been the common denominator of the past 2 recessions with his foolish interest rate hikes!! In both 1991 and in 2000! ( he raised rates 9 and 12 times during both!!)

I'll bite, prove it, you're misinformed.

133 posted on 08/18/2004 1:10:47 PM PDT by Diplomat
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