Jim Devine wrote: >I thought I answered that. I wrote about how Greenspan is supposed >to be the capitalist Nanny who is supposed to decide what's good for >them as a class, in the long run. That doesn't mean that there's no >conflict between the Nanny and the brats... True. As Chris Rude, ex of the NY Fed and now a PhD student at the New School, told me, the Fed's attitude is that "politicians and bankers may come and go, but central bankers have to do the real long-term thinking for the class." Doug
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