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To: Dave-in-MarinCa who wrote (6050)7/26/2000 3:33:04 PM
From: IceShark  Respond to of 436258
 
there is no OT here,as you note. -g-

No wonder we are spinning down.



To: Dave-in-MarinCa who wrote (6050)7/26/2000 4:08:46 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
i'm more inclined to look at MZM and M3 as they are broader aggregates...they have recently shown signs of re-acceleration after flattening out for a while.

if indeed money supply growth begins to flatten or god forbid contract, you'll know that a recession is just around the corner - because it will signal that credit expansion has slowed, and without accelerating credit expansion the bubble is doomed - and with it the economy.


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