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To: Haim R. Branisteanu who wrote (155441)3/12/2002 12:11:15 PM
From: Tommaso  Read Replies (1) | Respond to of 436258
 
Seems to me I can remember when the Shadow Open Market Committee (and whatever became of it?) would get excited when YOY money growth went past 5%. Last I hear, though, Milton Friedman was lauding Greenspan for preventing a depression.

So it's just all us ignorant amateurs who look at 17% money growth and think of South America--or at least Italy (of years ago).



To: Haim R. Branisteanu who wrote (155441)3/12/2002 12:29:29 PM
From: Terry Maloney  Read Replies (1) | Respond to of 436258
 
No question about it ... it's the lesser of two evils, especially for those of us holding gold. <g>