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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Rolla Coasta who wrote (37251)7/16/2008 3:11:33 PM
From: elmatador  Read Replies (1) | Respond to of 218030
 
"the supply of money is getting tight. While there is plenty of money out there, it is being hoarded by banks, corporations and Sovereign Wealth Funds as well as nations like China, who are sitting on $1.5Tn. This is money that is NOT being put back to work. Money is fuel for the economy and what has been going on for the past few years is the Fed is printing record amounts of it and we are sending $375Bn PER MONTH of them (globally) to the oil-producing nations and very few of those dollars are coming back to this country. So there are lots and lots of dollars in the world - just not in America and certainly not in the hands of the American people, who personally dig in every day to send $1.6Bn out of the country to buy 11.5Mb that we import."

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