me:
> > yeah, I know that. But under Bretton Woods, their ability to do
> > anything about it was limited.

Michael Perelman wrote:
> Did business believe that was the case at the time?

I don't know. But I would guess so, since the attention that the biz
press has given to the Fed has skyrocketed since the fall of BW in the
early 1970s.

--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) --  Karl, paraphrasing Dante.

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