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To: Henry Volquardsen who wrote (23)	5/2/1998 9:52:00 PM
From: ShoppinTheNet	Read Replies (1) \| Respond to of 3536

Hi Henry! I also remember the markets watching so closely the money supply in the early eighties, when the numbers showed growth out of the expected range, the market decline was brutal. Today it goes unnoticed. Yet the Fed is still as concerned about inflation now as they were then. Could you give me your impression as to why this was so important in the eighties, but not now? Thanks !

To: Henry Volquardsen who wrote (23)	5/3/1998 12:05:00 AM
From: X Y Zebra	Read Replies (2) \| Respond to of 3536

Henry, There is an article here in the Economist that casts some doubt as to the wholehearted [future] participation of England in the Euro currency economist.com ------------------------------------------------------------------- The heading reads: BRITAIN Who wants the euro, and why So you want to understand Britain's debate over whether to join the single European currency? Ask yourself who will gain power and who will lose it, if Britain swaps the pound for the euro -------------------------------------------------------------------- The above and more in that article. (and in that URL) IMO the attempt to implement the Euro, will be a very interesting period of time in the history of economics and finance. Personally I will stick my neck and say they will not succeed. My opinion only, and yes, I could be wrong. Z.