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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Jamey who wrote (748480)9/1/2006 12:25:48 AM
From: DuckTapeSunroof  Respond to of 769667
 
You are correct about the broadest money supply measure (Gov no longer reporting)... but it is *still* available as it is recalculated by a variety of economists from other Gov. input data.

But the comment referred to the growth of the federal BUDGET DEFICIT, *not* to the 'money supply'. (Different things indeed.)

Incidentially, here is where it was posted online, Santiago:

The Wrong Inflationary Thing

dailyreckoning.com

PS, you can see the 'Mogambo Guru' frequently on Fox, Bloomberg, etc.