Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joan Osland Graffius who wrote (11512)	12/13/1997 6:38:00 PM
From: Lazarus_Long	Read Replies (1) of 94695

<< the ex fed govenor said when currency is being horded and not used, increasing the money supply does not matter. >> Right. That's one the things the "usually" in << the result is (usually) inflation >> is about. Of course, there is the question of what happens when all that money comes out of hiding. Actually, I'm not questioning what you said; I'm wondering if the currency growth rate is really as high as reported.

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