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e're bottoming out on the disinflationary pressures.""It's going to make monetary policy a lot more difficult than it was during most of the time when I was chairman."Greenspan told Dutch newspaper NRC Handelsblad that inflation could rise to about 5 percent in Europe and the United States over time."The normal inflation level is closer to 5 percent than the current 2 percent handbags on sale," he said pink studded christian louboutin heels, adding that a 5 percent level fitted economies with a "paper" currency not linked to gold.Greenspan said in the course of book-related interviews that he doubts he would be reacting differently in the current environment than Bernanke has."I'm not sure I would have done anything different were I there shop louis vuitton," he told CBS television's "60 Minutes" program on Sunday. "I think he's doing an excellent job."The reappearance in the public eye of the former central bank chair - who was lauded as a "Maestro" and a member of a select "Committee to Save the World" in books and magazines during his time at the Fed - comes as some reassess his legacy in light of the housing slump.Critics charge that the Fed's decision to slash interest rates to a decades-low 1 percent and to hold them there for a year p

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