Raising the Bar
sawicky at epinet.org
Thu Sep 3 18:13:06 PDT 1998
> Your policy of spending the surplus can
> "help people...spend even more, yum, yum)"
> without using a temporary interest rate cut to bail out hedge funds and
> the banks etc. that financed them, no? Why socialize Wall Street's
Aren't the monetary authorities supposed to
work in tandem with fiscal policy?
As for socializing losses, isn't that a matter
for financial reform w/respect to regulation
of credit markets?
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