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To: paul ross who wrote (19949)9/28/1998 5:37:00 PM
From: Little Joe  Respond to of 116779
 
Paul:

Thanks. I knew that the last few months M3 was flat but given the long term rise, I am not sure how significant that is. However, if you are right and the short term tightening caused the market to go down, it is going to take a lot of loosening to keep this thing going. Either way you look at it, I think it adds up to world wide inflation.

Live long and prosper,

Little joe


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