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To: Carthago delenda est
"The use of quantity of money as a target has not been a success,"

This isn't an admission that his idea was wrong, just that it is difficult for government to do it successfully.

2 posted on 06/28/2003 3:14:03 PM PDT by Toddsterpatriot
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To: Toddsterpatriot
Well, I think he realizes that the use of quantity of money as a target is not the way to go. Maybe he's seen the logic of the value-theory
5 posted on 06/28/2003 3:45:43 PM PDT by Norse
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