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You knew you would get a rise out of me, right?
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While Javier loved to get a rise out of me on topics such as Franco, communism and Ronald Reagan, he never said anything about my vegetarianism, though it was an anomaly in Barcelona in 1987.
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If we take it off the rich, the rich who are only saving it, and give it to the poor, who would then spend it, we thus get a rise in aggregate demand and the economy comes out of its hole.
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If some Federal Reserve governors get their way and inflate the government out of its debts, triggering a sharp rise in interest rates, taxpayers could be losing even before the defaults roll in.
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That way, if rates rise dramatically, you can get out of your CD and re-lock at a higher.
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