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To: Real Man who wrote (211893)12/30/2002 5:48:26 PM
From: yard_man  Read Replies (3) | Respond to of 436258
 
gotta love this guys rantings -- and since it was ON topic

>>Then last week, having possibly soured on the Rescue Plan From Santa, they created another mountain range of money. Total Fed Credit exploded another $21 billion, and you can imagine how my eyes bugged out- boiiinngggg! -when I read that. They bought outright a cool $17 billion in government debt alone! In one week!

So what is twenty-one billion bucks times fifty-two weeks in a year? Is that what you are asking me, Binky? Well, firing up the old calculator and proving once and for all that I do have the smarts to even turn one on, it looks like a little over a trillion smackeroos a year. Yep, I said trillion, with a T. In numerals, it is $1,092,000,000,000.

Do you want to know what your share is? Dividing that humongous number by us 280 million fellow Americans spread across the country from sea to shining sea, we immediately see that Alan Greenspan would increase the money supply, per American man, woman and child, by a thrilling $3,900. Now compare this to the GDP per American man, woman and child, and you get around $35,000. About eleven percent! And this comes at the end of years and years of exponentially doing the same thing, week after week, month after month, year after freaking year! If I start screeching any louder, I am going to have to change to an "all capitals" format, which I will now perform right before your very eyes, so as to provide a powerful, thundering summation as a climax to this loud, seemingly-pointless tirade and that is to say THIS IS WRONG! THIS IS VERY, VERY WRONG!

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