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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (56685)4/22/1999 11:29:00 PM
From: Don Lloyd  Read Replies (2) | Respond to of 132070
 
Wayne -

From the May 3, 1999 Forbes magazine, in an interview with Milton Friedman -

"...I see no sign of recession. I do see some possibility of more inflation. I think the Federal Reserve has been too expansionary, although there are some signs that's tapering off.
We're in a period like the 1960s, when no one paid any attention to the money supply. Then we got inflation. By the 1980s everyone was obsessed with the money supply. Now they're forgetting again. And it will turn around and surprise them..."

This is a small part of a four page article. Not online, at least not yet.

Regards, Don