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

To: mishedlo who wrote (74147)11/15/2006 6:48:43 PM
From: bart13  Read Replies (1) | Respond to of 110194
 

hell reserves are already at zero are they not?


They're around $41 billion now, and there's at least two significant ways to look at them. The $41 billion of reserves "supporting" an M3 of around $11 trillion or an MZM of around $7 trillion is almost zero.

And the other way is that the drop from about $60 billion to $40 billion between 1993 and 2000 sure did create one whopper of an effect to stocks and inflation, etc.

And either one is nutty... *sigh*


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