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17,111 Posts.
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05/03/09
17:13
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Interesting idea - how would you float interest rates?
But I am sure the CB's and governments are hooked on tweaking rates to effect change - interest rate junkies.
I agree - they were artificially repressed for decades due to Greenspan.
Worse is in store I fear, as there is talk of remaking the G20 with even more co-ordinated policy!!
I thought the intention was NOT to have co-ordinated policy, enabling a free-spending tin-pot country to get what it deserves.
Now everyone wants to be a free spending tin-pot country!
Maybe Mugabe should be the chairman.
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