Quote:
Originally posted by MattK@Feb 27 2004, 12:52 PM
US Consumers are Running on Empty
quote from article:
"According to Greenspan, it seems that we must be grateful to the Fed for its loose interest rate policy. Without this policy we would probably be suffering a terrible economic slump by now. In short, according to Greenspan the low interest rate policy of the U.S. central bank has strengthened consumers' and businesses’ financial conditions."
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haha..
".... in an important interview today, Greenspan applauded himself and his policies for being the savior once again of the free world"