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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (40472)6/17/2000 7:09:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 42523
 
>I haven't seen money supply figures lately so I can't judge.

I have.

>But tell me, what damage has been done to date by the Fed's actions?

They're devaluing our currency. Since most of the freshly printed 3-5 billion clownbux per day has flowed directly into the stock market, we've had paper asset inflation instead of physical asset inflation.

You think the opec cartel is stupid? the reason prices are going up is because Oil is the one thing that everyone needs, that greenspan can't print more of.

The gold market and the dollar are being artificially depressed/supported.. If they weren't the signs would be even more obvious.

Weimar Republic, here we come.. Thanks to Easy Al.



To: MythMan who wrote (40472)6/17/2000 11:15:00 PM
From: KyrosL  Read Replies (3) | Respond to of 42523
 
Here are the latest money supply figures as of June 14. Fed "printing" is evidently a myth, at least for the last six months.

stls.frb.org