The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (91010)	10/1/2007 12:50:45 PM
From: Paul Kern	Read Replies (2) of 306849

It's very alluring isn't it. A fiat money system is fine, just so long as you have the discipline to never produce any more money than the initial supply. You will not find any civilization in history which has ever had this discipline. No. Money supply, M3, is supposed to grow with GDP. Unfortunately, our government uses a multiplier of GDP.

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