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To: Perspective who wrote (61555)1/25/2001 12:31:35 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<It looks to me like the monetary expansion in the last three months was on par with the Y2K expansion in most measures. The interesting thing was the fact that it had *zero* positive impact on the stock market, or the economy, for that matter.>>

Got liquidity trap?<G>



To: Perspective who wrote (61555)1/25/2001 12:42:31 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
the annualized growth rate of MZM over the past 6 weeks is close to 13%. like i said, the biggest monetary inflation of all time.

and it is indeed remarkable that it has done little but stave off the all-out collapse in asset prices that seemed imminent in early January.


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