The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (13958)	5/15/2004 2:00:53 AM
From: Canuck Dave	Read Replies (1) of 110194

I just love Doug Noland. "With perceptions of safety and liquidity enveloping the entire American Credit-creating process, Credit can and is issued today in unparalleled over-abundance. In the mirror image of last fall, money supply over the past few months has been exploding, with M3 expanding at a rate of almost 12% for far this year. Curiously, this development garners scant attention, as opposed to the rumpus of pontification over the fourth quarter’s monetary contraction." prudentbear.com CD

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