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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (6856)	11/2/1997 9:05:00 PM
From: tekgk	Respond to of 18056

>> But I am not sure how reflective it is to the real money lubricating the wheels of industry. Probably not much - most of the money is going in all kinds of speculative endeavors (stock markets) IMHO. I would speculate that little is going into basic R&D and capital infrastructure. >> Maybe in St. Louis, you can find out how much of the growth in the money supply is really going to finance these underground economies in the developing and less than developing world. If only the answers to life's challenging problems were this simple -g-. In any case, I think that the growth in money supply always comes back to haunt us eventually - the problem is figuring out the lags.