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To: JLS

“So your view would be that if Milton Friedman were running the Fed today, you would demand he resign. Forget what Bernanke has said, concentrate on what he has done. He learned the lessons of the 1930s from Friedman and is doing a great job with monetary policy.”

Wha??


4 posted on 07/13/2011 1:36:37 PM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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To: Qbert

You are the one demanding that a guy who has studied Friedman and Schwart “A Monetary History of the US” and done an excellent job conducting monetary policy though a panic and a recession resign as a condition to for raising the debt ceiling. I just want to get you on record as saying Milton Friedman was wrong.


7 posted on 07/13/2011 1:40:28 PM PDT by JLS (How to turn a recession into a depression: elect a Dem president with a big majorities in Congress)
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