Nelson, Edward - Federal Reserve Bank of St. Louis - 2007
covered by his and Anna Schwartz’s Monetary History of the United States). I evaluate these interpretations and predictions in … Milton Friedman’s views and predictions regarding U.S. monetary policy developments after 1960 (i.e., the period beyond that … recession in the
next two or three months” (CSM, 12/19/66). Similarly, in Newsweek in early 1967
Friedman wrote that it was …