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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (17037)3/19/2002 11:31:58 PM
From: LLCF  Read Replies (1) | Respond to of 74559
 
What's it show?? Link doesn't work. I think other M's are turning down... at least their growth rates.

DAK



To: Ilaine who wrote (17037)3/20/2002 9:43:16 AM
From: AC Flyer  Respond to of 74559
 
Thanks, CB:

As we know, however, the doomsters ignore the facts - or at least those facts that don't jive with their pessimistic preconceptions.

Excess money supply growth is only a problem if it is not supported by underlying economic productivity. M3 growth right now is not a cause for concern - in fact we should be happy about it. It's part of our reward for having the most innovative, most productive economy on the planet.