The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (29334)	7/17/2010 8:14:22 PM
From: Real Man	1 Recommendation Read Replies (3) of 71407

Money multiplier. Printed cash is "power money", it gets lent 10, lately 30 times over (before the crisis hit, that is). However, banks didn't lend it. They just keep it in reserves. So, there is no multiplier, yet, because there is nobody credible to lend it to. Thus, we have deflationary pressures in spite of all the printing. en.wikipedia.org You can see it here nowandfutures.com

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