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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: tonka552000 who wrote (20403)	6/13/2003 3:56:07 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

this is evidence of vastly slowing money velocity but also, the $32B loudly confirms that the USDollar correction has not even begun, just when expert morons are yelling that the dollar has now reached fair value in my opinion the USDollar will decline another 40% from here it confirms we have entered the Liquidity Trap but due to our incredibly interventionist policymakers, we will create a financial whirlwind of toilet paper USDollars, which will temporarily produce economic activity, as people raid their homes some more they will raid until they can no longer raid then many will sell out money velocity is a very poorly understood concept it is less understood than inflation states understand, since they collect sales tax that is tightly correlated to money velocity / jim