The Fed

From: John Clark (
Date: Sat Feb 19 2000 - 10:55:00 MST

Years ago I read an article about Milton Friedman (David's father), he didn't like
the Federal Reserve Board, he didn't like its unpredictability and he didn't like
its futile attempts to fine tune the economy and second guess the market.
He suggested the Fed be abolished and the money supply be regulated by a
computer with all its programs made a matter of public record. I can't
remember the details or even where I read it, does anybody know anything?

      John K Clark

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