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To: Eric Wells who wrote (87164)12/12/1999 3:27:00 PM
From: re3  Respond to of 164685
 
salon.com



To: Eric Wells who wrote (87164)12/12/1999 3:36:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164685
 
This was the main point of my original post (yesterday) - that an increase in the money supply stands to have an
inflationary impact on the economy

This runs counter to the FED's recent efforts to stave off inflation by raising interest rates.


I thought the point was this was what was driving the market.

Glenn