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[PEN-L:32601] Re: re:am i wrong in recalling conservative mantra from pastabout gov't deficits causing (or resulting in)




Gassler Robert wrote:
>
>
> The fact is that interest rates did not fall. Why not? Because starting in 1982 the Fed was lowering them through its monetary policy.
>

Typo here? Because the Fed was lowering rates the rates did _not_
lower????

Carrol




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