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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (11512)12/13/1997 6:38:00 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 94695
 
<< the ex fed govenor said when currency is
being horded and not used, increasing the money supply does not matter. >>

Right. That's one the things the "usually" in
<< the result is (usually) inflation >> is about. Of course, there is the question of what happens when all that money comes out of hiding.

Actually, I'm not questioning what you said; I'm wondering if the currency growth rate is really as high as reported.


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