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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: benwood who wrote (50534)1/20/2006 9:02:47 PM
From: GST  Read Replies (1) of 110194
 
In a global economy money supply in the US becomes one of many factors impacting inflation and deflation. To equate US money supply to inflation and deflation in a global economy is hogwash. We have an imbalance in current account payments approaching 1 trillion dollars per year and growing wildly out of control -- and all the moneterists do is yap about the US Fed and money supply. The Fed is a player, but it is not the game.
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