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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (4809)1/12/2001 9:56:26 PM
From: 16yearcycle  Read Replies (1) | Respond to of 57684
 
"The monetary base expanded late in '99 so there'd be more cash in the vault in case there was a run on the banks. All that was done early in '2000 was reel that back in, since it wasn't needed anymore"

I think I get it. I know this is a controversial issue and its good to get another opinion. This has been a tough year, and there has been a lot to learn.

I guess the question is simple: what measure best makes clear the feds direction on supply issues? You and many others say that is is MZM, which has been growing rapidly, yet the economy has tanked as it should with tight supply, and I have shown you a measurement that says supply has indeed been tight. And, indeed, if you follow my choice back, it seems to reflect each economic turn the past twenty years, and mzm doesn't. Why would that be?

Just honestly trying to understand a complex issue.