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Monday, March 27, 2006

Globalization may end up being the saving grace for Ben S. Bernanke's Federal Reserve that productivity was for Alan Greenspan's

Globalization may end up being the saving grace for Ben S. Bernanke's Federal Reserve that productivity was for Alan Greenspan's.

That's the argument some Fed officials, academics and Wall Street economists are making as Chairman Bernanke prepares to preside over his first monetary policy-making meeting today and tomorrow. They say expanding workforces and factory capacity worldwide give the central bank leeway to let the U.S. economy power ahead without much fear of fanning inflation.

1 Comments:

At 9:19 AM, odesey7 said...

The Federal Reserve is neither Federal nor Reserve..The New World Order /One world government is the true controler of currency. Bush or should I say his bosses want us to rule with petro dollars hence the war in Iraq then Iran and then Venezuela.

 

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