ECB

Doug Henwood dhenwood at panix.com
Thu Mar 18 11:04:02 PST 1999


Brad De Long wrote:


>Now saying that "other industrialized countries can contribute by acting to
>achieve higher rates of domestic demand-led growth" is a polite way of
>saying: CUT YOUR INTEREST RATES NOW!!

So if it's so obvious to Rubin, Summers, and everyone else, why are the Eurobankers resisting?

Doug



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