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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (35588)11/9/1998 9:38:00 AM
From: Mike M2  Read Replies (3) | Respond to of 132070
 
MM, Richebacher made a great call on SEA when few saw it coming. He will be right about the U.S. as well. Read the latest from David Tice and john Kutyn at gold-eagle.com Tice notes that recently the federal Reserve announced that the money supply is growing at an annualized rate of almost 16%, the highest money creation since our economy was coming out of recession in 1982. BTW during the 20's the adjusted monetary base grew about 60%. I am not sure what the present status is but I would guess we have exceeded that by a good amount. Prepare fer tough love MM. Mike