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Goodbye Cheap Money

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photoLong-term interest rates are on the rise, and all indications, including Alan Greenspan's enigmatic utterances, suggest short-term rates are soon to follow. What are the implications for the individual, the housing market, the deficit, the country?

Guests:

Greg Ip, staff writer for the Wall Street Journal

Stuart Ritter, certified financial planner, T. Rowe Price

Herschel Grossman, professor of economics, Brown University

This program aired on May 5, 2004.

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