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


To: Taikun who wrote (16376)11/20/2004 1:45:48 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 116555
 
If the money supply chart used in the Boom Gloom Doom report does not match the chart from Economagic, it is incorrect. Economagic is quite meticulous about reporting government lies exactly as the government makes them up.

The money supply has not grown as quickly since May as it did previously. This is true.

However, this is not the same thing as "the money supply has been contracting."

Were the money supply to actually decline noticeably, it would be very evident in falling home and stock prices.

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