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

To: Paul Kern who wrote (94304)5/15/2008 7:06:34 PM
From: Giordano Bruno  Respond to of 110194
 
>The central bank also reported that the M2 measure of money supply rose by $1.1 billion in the week ended May 5. That left M2 growing at an annual rate of 6.7 percent for the past 52 weeks, above the target of 5 percent the Fed once set for maximum growth. The Fed no longer has a formal target.<

How about 20% M2?

Go for the gusto.



To: Paul Kern who wrote (94304)5/15/2008 10:02:07 PM
From: bela_ghoulashi  Respond to of 110194
 
``But I'd also say that providing a public backstop to an inherently risky business that is not required to backstop itself is a tough sell for taxpayers.''

Rhetorically speaking, yes.

In theory, yes.

In reality, most taxpayers in this country have little or no clue what is even happening.

So in practice, nobody has to even bother trying sell it to them at all. Just do it. Only a few of them will ever notice.


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