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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Ilaine who wrote (6132)7/20/2001 11:45:10 AM
From: Real Man  Read Replies (1) of 74559
 
I guess not this time... The fact that bank deposits are "insured" means the Fed will print in case of the credit collapse. A lot more dollars. US is also the biggest DEBTOR now, not creditor. These things eventually get punished in the currency markets. So while it the credit collapse will likely see M3 implosion, we might see a lot of dollars printed to compensate that....
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