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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (92636)3/23/2008 12:00:25 PM
From: Tommaso  Read Replies (1) of 110194
 
I imagine you have looked at the latest fed money supply figures. No M3, of course, but M2 at about 16% annual rate and MZM at about twice that. Milton Friedman used to get excited back in the 1970s by a rate of 5-6% for either of these, or their earlier equivalents.
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