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To: Albert V who wrote (5439)	1/8/1998 6:35:00 PM
From: Little Joe	Respond to of 116759

I agree but my original question was premised on a rapidly rising money supply, which seems to have been the case in recent months. If I understand your post, you would agree that if the money supply increases rapidly, there would be no deflation, but you don't accept the premise. By the way I have seen so many comments regarding money supply saying it is up or down or rising rapidly or rising slowly, that I simply do not know. Do you think Greenspan would rather have a depression than increase money supply? Isn't that the choice? Live long and prosper. Little Joe