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Politics : High Tolerance Plasticity
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To: Tommaso who wrote (3025)4/6/2001 3:51:13 PM
From: Terry D  Read Replies (1) of 23153
 
I have that site bookmarked also. To finish his thought for those not inclined to find the site -

Now, today's environment is not a carbon copy of 1998's. But the reasons being given for today's M2 growth surge are similar to the one's being given in late 1998. The Street pooh-poohed the growth in M2 back then just as it is now. And the Street was surprised by the strength in aggregate demand in 1999. I wonder if the Street will be equally surprised by the strength in aggregate demand later this year?
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