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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (81235)3/17/2001 1:42:53 PM
From: Agamemnon  Read Replies (1) of 436258
 
<For example, economic historians now agree that the Fed's tight money policies in the late 1920s and early 1930s .....the reality is that the Fed of the early '30's cut rates ...>

Heinz, I just picked up 'Secrets of the temple (fed)'- late 80's? -- which agrees w/ above. Are you saying money supply was loose in 20's or just pointing out the cure was ineffective?

regards
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