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


To: Skeeter Bug who wrote (100683)1/15/2009 9:22:34 AM
From: studdog  Read Replies (1) | Respond to of 110194
 
You can look at the money supply growth but only in the context of the money destruction from asset deflation, For stocks and real estate, it is something like 12 trillion. Mish is/was right, deflation is here, with companies not only laying off but cutting wages, the price of everything falling. I expect even college tuition to fall because fewer and fewer can afford it, Colleges will cut salaries and expenses and the deflation spiral continues.