SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Karin who wrote (601514)8/8/2004 3:39:17 PM
From: Kenneth E. Phillipps  Respond to of 769670
 
The tight money supply was the result of work by Paul Volcker who was appointed my Carter. It was finally successful at wringing inflation out of the economy. Carter's problem was in allowing the economy to overheat in the first place. In fact, Carter has admitted it.