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Politics : Stockman Scott's Political Debate Porch
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To: lurqer who wrote (14979)3/20/2003 4:23:19 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
I believe the ECRI future inflation gauge is out of sight up

last I heard, it was tracking up huge from US MZM runups
dont be surprised if money supply turns down from debt collapse and repaid MCard debts

lenders are not lending much
the expansion underway now is largely FannyMae and Fed driven
Fanny is buying mortgages still, but is raising the downpaymt requirements

Fed is still pumping money into TENS, S&Ps, etc
my guess is they are doing it all "OFF-BALANCE SHEET"

/ jim
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