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Politics : Welcome to Slider's Dugout
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To: RonMerks who wrote (7157)11/20/2007 5:53:53 PM
From: Nihontochicken  Read Replies (1) of 50758
 
Whether or not the Fed cuts, the PTB are still running the money printing presses full tilt, maybe time to initiate emergency cooling:

nowandfutures.com

I wrote a few months ago that M3 had apparently stalled at about $12 trillion. Well, that's history, now nudging thirteen, and even the YOY rate of increase has passed the unbelievable 14%, now warbling between an even more astounding seventeen and eighteen percent. The wheels have got to come off sometime.

NC
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