[habs4ever]

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"?....

[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.

Well, this is progress. At least you are now admitting there has been an increase in the money supply, even if you are challenging its relevance.

Now, you tell me: Why do you not think this increase is relevant?

[qwertyz]

Do you mean the velocity of money is still low?