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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (16364)11/19/2004 10:35:45 PM
From: Taikun  Read Replies (1) | Respond to of 116555
 
Elroy:

<Marc Faber did not say the Money Supply (very nearly the same thing as the total amount of indebtedness) was declining.

Marc Faber pointed out that the velocity in the growth of the money had declined. This means that the money supply is growing, but less quickly. >

The graph is definitely Money Supply and it is definitely lower than May 04. I agree with Faber on Figure 2:

gloomboomdoom.com

David