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To: capitalist229
What you're saying, then, is essentially that there is nothing intrinsically moral or immoral about raising interest rates.

So Mr. Paul's whole line of questioning reduces to nothing more than a policy disagreement, and not the grand moral issue he's trying to make it out to be.

66 posted on 09/21/2007 8:47:53 AM PDT by r9etb
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To: r9etb
What you're saying, then, is essentially that there is nothing intrinsically moral or immoral about raising interest rates.

It is moral to save the dollar and the country that depends on its stability.


BUMP

70 posted on 09/21/2007 9:16:26 AM PDT by capitalist229 (ANDS)
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To: r9etb
What you're saying, then, is essentially that there is nothing intrinsically moral or immoral about raising interest rates. So Mr. Paul's whole line of questioning reduces to nothing more than a policy disagreement, and not the grand moral issue he's trying to make it out to be.

Lowering rates is a euphemism for printing mo' money, so it ultimately weakens the dollar.

Ron Paul is in favor of abolishing the Fed and letting interest rates react to the market. Whether he can actually do this is another matter. Maybe someone could comment.

80 posted on 09/21/2007 6:14:00 PM PDT by US at Risk
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