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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Win-Lose-Draw who wrote (45437)	11/14/2005 2:28:54 PM
From: Elroy Jetson	Read Replies (1) of 110194

Let's review. New $100 bills inside the United States are counted in MZM. New $100 bills outside of the United States in Iraq are not counted - until they are deposited into a foreign bank, then they become M3. If the money is repatriated, they become MZM as you assume. There is a reason why the U.S. military is paying contractors, even U.S. contractors, in Iraq with suitcases of $100 bills rather than direct deposits to their U.S. accounts as they wish. Until you can explain why this is happening, you don't understand how our money system works. .

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