To: habs4ever
While I take you at face value per your claim, I do wonder about a hedge fund manager who asserts that the
money supply has not increased lately.
To: Lazamataz
Money supply increasing is meaningless unless you examine its context.A surge doesn't mean a damn thing if its coming from a base that has been turning over less than the growth of GDP.
Context, Laz, is all.....the monetarists should have learned this back in 1982.
Ask yourself this: "In relation to what"?....
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