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To: DannyTN

“You’re not seeing inflation because the credit crisis was so severe that money supply shrunk dramatically.”

Wrong, again.

The money supply has significantly increased as the fed has printed like never before (Helicopter Ben didn’t get his name for nothing. He claimed he would print, print, print, and spread money via helicopter), however, bank holdings were below their stated values so the banks kept the money, businesses also have over $20 trillion in cash when they held only $12 trillion in recent years, and personal bank accounts also grew.

People are simply not spending due to the fear of Communism by Obama and his fellow Communist in Congress. People fear Obamacare and being broke. They fear the extremely high unemployment and save instead. 401(k) plans are at an all time high for saving as people fear being broke and unemployed.


78 posted on 06/23/2013 1:50:39 PM PDT by CodeToad (Liberals are bloodsucking ticks. We need to light the matchstick to burn them off. -786 +969)
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To: CodeToad
The money supply has significantly increased as the fed has printed like never before (Helicopter Ben didn’t get his name for nothing. He claimed he would print, print, print, and spread money via helicopter), however, bank holdings were below their stated values so the banks kept the money,

Banks kept their own money? That's awful! LOL!

90 posted on 06/23/2013 4:14:11 PM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: CodeToad
"Wrong, again. The money supply has significantly increased as the fed has printed like never before. ...

Here's the chart of M3. In 2008 M3 money supply was just under $15 trillion. In 2013 it's right at $15 trillion.

91 posted on 06/23/2013 4:21:46 PM PDT by DannyTN
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