From: Dehede011@aol.com
Date: Mon Oct 07 2002 - 16:50:16 MDT
Folks,
Larry Kudlow has a column out explaining our recession in terms of
Milton Freedman's monetary theory. Briefly within recent months the Fed has
allowed M2 to collapse from 12% of the total supply to 4% leading to our
present situation in his opinion. The column can be found at:
http://www.townhall.com/columnists/larrykudlow/lk20021007.shtml
Ron h.
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