SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (91011)10/1/2007 12:58:41 PM
From: Elroy JetsonRespond to of 306849
 
Yes, monetarists suggest that the debt/money supply grow with the economy. This recent "innovation" allows the banking system to issue more debt.

This constant creation of new money at a frenetic pace is not the case in a capitalist economy.

Presumably, this is why the Fed has been watching M3 expand at an annual rate of roughly 15% during recent years.

Your comment demonstrates that very few alive today are familiar with capitalism.
.



To: Paul Kern who wrote (91011)10/1/2007 4:47:28 PM
From: Dan3Read Replies (1) | Respond to of 306849
 
Re: Money supply, M3, is supposed to grow with GDP.

It's one of the ideas that make reading Heinlein's "Beyond This Horizon" a delightful speculative treat.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News