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To: DaveMG who wrote (13056)7/28/1998 12:19:00 PM
From: Ramsey Su  Respond to of 152472
 
Dave,

M1 M2? Just because I have a degree in economics does not imply that I would know anything about these monetary policies. I think they are meant to account for the cash that global drug dealers have in their secret vaults.

Seriously, I have not paid much attention to this indicator. Of concern is not money supply here but that of countries like China, where disclosure is nil. Needless to say, if they keep the printing press rolling, inflation, hyperinflation and devaluation soon follow.

However, since there is no way of knowing the real numbers, I have chosen other issues to worry about instead.

Ramsey