SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GST who wrote (241168)3/16/2010 6:30:39 PM
From: THRead Replies (2) of 306849
 
GST,

<money supply growth that is in keeping with overall growth in the economy is not an issue>

I'm not disagreeing, but how do you measure it? How do you stop a multiplier effect? What is the metric for Goldilocks's just right?

What about money that is created and then "trapped" as part of forced reserves to meet capital requirements and withdrawn just before it enters circulation and is levered up? Of course this is exactly what Ben claims he can do.

My concern is that the Fed has proven (and I mean PROVEN) that they have no ability to see what is to unfold and thus have absolutely no ability to correctly withdraw at the right time.

My favorite proof is this well-worn video of the King Monkey.

youtube.com

GT
TH
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext