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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Hawkmoon who wrote (88773)3/18/2001 10:45:06 AM
From: Tommaso  Read Replies (1) of 95453
 
The Fed is definitely not tightening anything. The growth of MZM, which is now the most accurate measure of the basic money supply, has been accelerating at a rate that will guarantee inflation --if it continues. It may be thr right thing to do right now. We really do not want 10% or more unemployment. 10% inflation would be better.

See table below the chart:

stls.frb.org
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