Restructuring, Default & Debt Reduction

Brad DeLong delong at econ.Berkeley.EDU
Fri May 18 17:10:09 PDT 2001

> Brad DeLong wrote:
>> $500 billion? (They not only have to have enough, they have to have
>> so much that everyone is sure they have enough.)
>How do you know Meltzer wouldn't support giving the IMF $500 billion in
>exchange for turning it into a simple lender of last resort?

He might. His position has been moving rapidly since early November...

Brad DeLong

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