Re: Monetary Policy...Strange Name

On Thu, 21 Jul 2005 01:43:00 GMT, Les Cargill <lNOcargill@xxxxxxxxxxx>
wrote:

>jrw wrote:
>
>> Its not about replacing the debt market, its more about managing
>> sensibly a countries need to go into debt.
>
>Agreed. But the only thing I've read that makes any sense is
>Hernando DeSoto.

Any view that assumes any country ever needs to go into debt makes no
sense.

>> We have all given
>> up on Japan and Germany effectively turning their economies around for
>> the time being.

Quick: which two formerly prosperous countries engaged in the biggest
giveaways to private landowners in recent memory?

-- Roy L
.

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