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Politics : Ask Michael Burke
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To: Don Lloyd who wrote (57260)4/25/1999 9:58:00 PM
From: Mike M2  Read Replies (1) of 132070
 
Don, nice little piece. One point worth mentioning is the monetarist focus on the money supply which captures only credit created within the banking system. The austrians look at credit growth including nonbank sources -these sources show unprecedented credit creation with reckless abandon IMO. Mike
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