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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (50870)6/3/2009 5:09:35 AM
From: Elroy Jetson  Read Replies (2) of 217575
 
Friedman was the personification of monetarist rubbish until his dying day.

That's why he was idolized by Reaganistas and the other miracle-debt proponents of the Republican Party.

An economist who is willing to tell politicians that rapid debt creation is the foundation of prosperity is a rare treasure who they will glamorize with all of their effort.

Many who knew him assure me Friedman would have been just as eager to promote witchcraft if that had made him more popular.
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