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


To: elmatador who wrote (99151)3/15/2013 6:29:38 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 219968
 
ElM, if you check Cook Islands GDP it's even smaller. Heck, check out Niue. <FED keeps printing 85 billion a month. Just for comparison New Zealand GDP is 143 Billion. >

What's the point of the comparison?

Mqurice



To: elmatador who wrote (99151)3/16/2013 10:26:09 AM
From: Hawkmoon  Read Replies (2) | Respond to of 219968
 
FED keeps printing 85 billion a month. Just for comparison New Zealand GDP is 143 Billion.
And inflating money supply to offset lack of monetary velocity is not exactly indicative of economic growth either..

research.stlouisfed.org

Without velocity of financial transactions picking up (representing demand), it's hard to believe we're really in a recovery..

That said, some would ask if it can get much worse?

We all know the answer to that, I believe.. ;0)

Hawk