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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 (56196)3/18/2006 6:18:34 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
You have not been able to come up with any legitimate explanation of why the money supply needs to expand

Money supply has to expand for several reasons:

1. So that some people can receive money without adding any value to society.

2. So that govt can steal money from its citizens.

3. So that house prices always go up.

4. So that Goldman Sachs earns enough to dole out $10 million dollar bonuses so that its employees can purchase $50,000 Christmas trees.