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Politics : Ask Michael Burke

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To: Tommaso who wrote (37749)11/29/1998 5:28:00 PM
From: Skeeter Bug  Read Replies (1) of 132070
 
>>I think you must be joking about equity values causing fluctuations in the money
supply. That's like imagining that the wind blows because the trees are waving. <<

tom, i noticed that the market tanked when m2 growth stopped almost concurrently. i don't see an obvious correlation why a drop in the market would stop m2 from growing. i do see a correlation the other way around. not absolutely sure it is accurate, though.

there was extremely little delay, though, whatever happened. both happened almost instantaneously.
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