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To: Joseph G. who wrote (12346)	12/3/1998 5:09:00 PM
From: Defrocked	Read Replies (1) of 86076

Look how AG and the Fed have juiced money growth by pushing on the second derivative. From tonight's H6, approximately 3 months before and after August credit crunch: MONEY STOCK Percent change at seasonally adjusted annual rates from 13wks ending: M2 M3 1-Jun-98 Mar. 2, 1998 (13 wks.prev.) 8.2 11.4 Dec. 1, 1997 (26 wks.prev.) 7.9 11.3 June 2, 1997 (52 wks.prev.) 7.0 10.1 24-Aug-98 May 25, 1998 (13 wks.prev.) 5.4 5.6 Feb. 23, 1998 (26 wks.prev.) 6.9 8.5 Aug. 25, 1997 (52 wks.prev.) 7.3 9.6 23-Nov-98 Aug. 24, 1998 (13 wks.prev.) 11.1 11.8 May 25, 1998 (26 wks.prev.) 8.4 9.4 Nov. 24, 1997 (52 wks.prev.) 8.3 10.6

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