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

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To: mishedlo who wrote (67909)8/10/2006 10:41:23 AM
From: russwinter  Read Replies (3) of 110194
 
<If credit contracts faster than government printing and velocity of money drops..>

I'd estimate that credit is actually expanding about 3 times government printing, and has been the whole time we've had this discussion. It's even shocked me (as an inflationist) I have to admit. The global Pig Men have taken over "money" creation, the CB are secondary bystanders, and truly only "men behind the curtain".
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