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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (15661)12/29/2003 5:25:55 PM
From: Elroy JetsonRead Replies (1) | Respond to of 306849
 
Friedman proposed adjusting the money growth inversely to monetary velocity.
Friedman proposed air-drops of currency to re-start the stalled the economy.
Friedman proposed increasing the money supply 2% without a Fed.
Friedman says he was a Keynsian, but claims he's feeling much better now.

Friedman says, "inflation is always and everywhere a monetary phenomenon" without any hint of irony or embarassment.