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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (35700)	7/10/2005 7:29:51 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 110194

You would be better served by reading a legitimate economics text rather than a propaganda tract like "Monetary History of the United States". Friedman and Schwartz use the book as a platform to promote the creation of new additional debt as a solution to economic down-turns caused by excessive debt. When outlined so plainly, even small children recognize the contents of the book as nonsensical trash. Its not without reason that economists call Milton Friedman "The Politician's Pal". .

To: Tommaso who wrote (35700)	7/10/2005 7:50:47 PM
From: critical_mass	Read Replies (2) \| Respond to of 110194

A couple of relevant stats from "The Creature from Jekyll Island" by G. Edward Griffin: 1. Between 1915 and 1920, the money supply in the U.S. increased from $20.6 Billion to $39.8 billion, i.e. it nearly doubled. 2. It is estimated that between 1775 and 1779, the money supply in the American Colonies increased 5000%.