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

To: bart13 who wrote (101243)	2/13/2009 3:26:46 AM
From: Elroy Jetson	Read Replies (2) \| Respond to of 110194

The debt/money supply did increase into the Great Depression, but given the decline in monetary velocity Friedman and Schwartz decided the effective supply declined. For six points, how much faster would the debt/money supply have needed to be increased to "prevent or moderate the decline in the stock of money."? How much would new debt would have needed to be created to meet Friedman's definition of stabilization? .