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In what sense do they take marching orders from Frankfurt ... in the sense that they toe the party line, or in the sense that a Fed Reserve Bank implements any action ordered by the Federal Open Market Committee because the FOMC says so?

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Wed Dec 1st, 2010 at 05:33:25 PM EST
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