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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (56134)3/17/2006 7:57:24 PM
From: GraceZ  Read Replies (1) | Respond to of 110194
 
A rule based system which added a small percentage to the supply each year wouldn't limit money supply growth to that percentage or even guarantee that money supply growth would be positive. You know this, I know this, Mish knows this ...so I assume the Fed knows it as well.

What I want is to get the Fed out of the business of using the money supply and interest rates to provide Keynesian stimulus to the economy.