Mudcat Café message #3029136

The Mudcat Café ^TM
Thread #133469 Message #3029136
Posted By: Richard Bridge
11-Nov-10 - 05:48 AM
Thread Name: BS: The ax is falling
Subject: RE: BS: The ax is falling

GfS - back to economics 101, I fear. Thatcher and the Harvard school argued that excessive velocity of circulation was inflationary, not "good".