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To: NOW who wrote (72361)2/27/2001 1:14:31 PM
From: Les H  Read Replies (3) | Respond to of 436258
 
US Fed official says BOE takes inflation targets "too seriously"

news.ft.com



To: NOW who wrote (72361)2/27/2001 2:07:58 PM
From: Ilaine  Read Replies (1) | Respond to of 436258
 
I don't think tight money policy caused the Great Depression, I think the Great Depression was already in the works BEFORE the Fed stepped on the brakes, and before the 1929 stock market crash. Most people who look at the causes of the Great Depression don't look at what was happening in the decade before it started.


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