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To: Ilaine who wrote (106639)6/5/2001 1:25:24 PM
From: Eddy Blinker  Read Replies (1) | Respond to of 436258
 
<<The Germans actually came out ahead on the deal.>>

CobaltBlue,

Phoney money it was...Not fools gold. There is a difference.

Regards,

ED



To: Ilaine who wrote (106639)6/5/2001 2:08:28 PM
From: Thomas M.  Read Replies (2) | Respond to of 436258
 
Let's get one thing straight - there is no Nobel Prize for economics. Don't tarnish Alfred Nobel's legacy like that.

Tom



To: Ilaine who wrote (106639)6/5/2001 2:58:52 PM
From: craig crawford  Read Replies (1) | Respond to of 436258
 
>> So in answer to your question, was the Fed trying to print its way out of the Great Depression, the answer is no, it actually helped cause and exacerbate the Great Depression by shrinking the money supply. <<

not true. the contraction in money supply was caused by the public run on banks, not by the fed.


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