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To: Alex who wrote (23264)11/21/1998 6:06:00 PM
From: Thomas M.  Read Replies (1) | Respond to of 116790
 
"Currency fluctuations are playing hell with world markets and with world business. Who needs all those silly little currencies?"

forbes.com

Tom



To: Alex who wrote (23264)11/23/1998 3:03:00 AM
From: PaulM  Read Replies (1) | Respond to of 116790
 
In less than two months, the Feds added $65 bill new public debt this year (so far).

publicdebt.treas.gov

This is potentially a developing story because during the WHOLE of the last fiscal year (the "surplus" year), only $113 bill was added (i.e., not including social security and other fund surpluses).



To: Alex who wrote (23264)11/23/1998 3:31:00 AM
From: PaulM  Read Replies (1) | Respond to of 116790
 
Here are some M2 annual growth calculations from the 70's

1971 6.6% 1972 13.4% 1973 6.6% 1974 5.4%
1975 12.7% 1976 13.2% 1977 10.3% 1978 7.6%
1979 7.8% 1980 8.5% 1981 9.6% 1982 8.7%

I did these based on FED historical data at

bog.frb.fed.us

Compare with the current rate of growth and draw your own conclusions.

bog.frb.fed.us