SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (3563)12/17/2003 3:57:15 PM
From: ild  Respond to of 110194
 
Date: Wed Dec 17 2003 15:53
trotsky (kapex) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
@'it's not like in the 30's when they intentionally took the money away...'

like i said before, this assertion does not jibe with the facts. free bank reserves increased by over 400% between late 1929 and early '33, a sign that the Fed's printing presses were indeed running hot. also, the inflationists can NOT explain what happens in Japan, can they? after all, the BoJ has been printing money like crazy for well over 10 years now, and it just keeps sloshing around in MM funds, unused...or is wasted by the government on white elephant projects.
when you know about a neighborhood that is visited by one of those money helicopters don't hesitate to let us know. so far, the modus operandi of the CBs is the same as it always was....and the US money supply has begun to shrink, i.e. there's now deflation in the actual broad money measures. it will get worse.
also, i don't think that China's boom/bust cycle is not important for us - China is the world's largest manufacturer of goods. what happens there is probably VERY important for the rest of us.