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Gold/Mining/Energy : Gold Price Monitor
GDXJ 92.99+2.9%Nov 7 4:00 PM EST

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To: pater tenebrarum who wrote (55169)6/26/2000 9:35:00 AM
From: Zardoz  Read Replies (1) of 116753
 
money supply growth has been completely out of control for well over a decade now (with no signs of slowing down btw. -broad money measures M3 and MZM have re-accelerated once more), creating an enormous credit bubble and the ancillary bubble in stocks and real estate.

Haha. All three: M2, M3, MZM are showing a MACD downtrend. And the Broad MZM is actually showing signs of complete collapse. Your comment about the money supply growth is a complete farce. Pre 1987 the money supply swings were more profound then they have been for the last 5 years.

The US monetary supply is healthy.

the fact that there are no curbs on money supply growth needs to be seriously re-examined by policy makers imo.

What, in your opinion, is the use of monetary supplies?

Hutch
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