Skip to comments.2016 (Obama vs Romney) Debt, GDP & Money Supply
Posted on 09/01/2012 1:18:57 AM PDT by ExxonPatrolUs
Obama's dramatic slowing of the velocity of money has kept prices from rising faster than many had expected while he spreads the wealth around.
As the US borrows astronomical amounts of money from the world to finance Federal spending, the resulting effect is to crowd out the common man and small businesses from borrowing. And this leads those with money to invest more and more into the black hole of US federal spending, even while the US bond rating falls, because the big money lenders know this will soon be the highest yielding investment on the planet, because no other investment will pay off.
Velocity * Money Supply = Nominal GDP
Ok, I’ll bite. Where do the 2016 number come from?
M1 Velocity = Fail! Changing to 5.45 so V = GDP / M1
M1 Stock = Forecasted by how fast he increased it already
Nom GDP = Forecasted by how fast Ben Bernanke increased it.
National Debt = Forecasted by how fast Obama increased M1 Supply
M1 Velocity = Average of 2008 and 2012 velocity
M1 Stock = Average of 2012 and Obama’s 2016 number
Nom GDP = Velocity * Money Supply
National Debt = Forecasted by the rate at which Romney reduces the M1 Stock
Can’t be any worse than Geithner’s taxes!
We do not trust Obama to do the right thing and the media could care less about what happens to this country. We have to believe the American people are smart enough to fire someone who does not perform at the job.
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