Re: [PEN-L] Fed

[Doug Henwood]

Charles Brown wrote:

        From: Jim Devine

I think that the dominant perspective is that the system has minor
problems but that the Fed can fix those as they happen (if they're of a
macroeconomic nature) and that AG has done a good job at that.

^^^^^
CB; Is this perspective valid ?

From the POV of the ruling class, yeah. Things have been pretty much
going their way for almost 30 years.

Doug