Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (16364)	11/19/2004 10:35:45 PM
From: Taikun	Read Replies (1) of 116555

Elroy: <Marc Faber did not say the Money Supply (very nearly the same thing as the total amount of indebtedness) was declining. Marc Faber pointed out that the velocity in the growth of the money had declined. This means that the money supply is growing, but less quickly. > The graph is definitely Money Supply and it is definitely lower than May 04. I agree with Faber on Figure 2: gloomboomdoom.com David

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