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To: Giordano Bruno who wrote (348361)11/13/2007 7:45:10 AM
From: Real Man  Respond to of 436258
 
All these credit problems are not leading to evaporation of
money. To the contrary, M3 growth keeps accelerating,
approaching 18% by some accounts. Thus, old bad debt is getting
replaced by a lot more new bad debt. The Fed is not printing,
so all that M3 growth must be due to new debt. -g-



To: Giordano Bruno who wrote (348361)11/13/2007 8:30:52 AM
From: ldo79  Read Replies (1) | Respond to of 436258
 
That article should garner some attention!

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