Posted on 06/01/2007 7:02:03 AM PDT by SirLinksalot
Edited on 06/01/2007 7:20:25 AM PDT by Sidebar Moderator. [history]
That it's growing about 3% faster than the economy.
Exactly how many dollars are in circulation and how many are being added quarterly?
If I supplied this information for you what could you possibly do with it? Besides, what does this have to do with how the unemployment rate is calculated or what our debt to income ratio is?
A public corporation which either didn’t know how many shares of its stock were in existence, and how many new shares were being printed quarterly, or refused to divulge that information to interested parties, would have only itself to blame if its trustworthiness was called into question.
That is the situation with the Federal Reserve. You probably know it and yet you tout their pronouncements about the economy etc.
Tsk, tsk.
You don't understand how money is created, do you?
Just another SOCIALIST ZOT
“Deflation”:
A. Re. the housing market. Subtract approx. ten percent of the population from the housing market and residential real estate prices will drop faster than they currently are.
Results: Rating entities will be forced to downgrade “Securitized” paper with the result that pension funds, insurance companies, and other institutional investors will be seeking compensation from Wall Street.
Many homeowners will be “upside down” re. home equity vs. debt. Abandonments will accelerate resulting in neighborhood value erosion, worsening the price decline.
More to follow...
What or who would subtract 10% of the population from the housing market?
Rating entities will be forced to downgrade “Securitized” paper with the result that pension funds, insurance companies, and other institutional investors will be seeking compensation from Wall Street.
So what?
Many homeowners will be “upside down” re. home equity vs. debt.
Still have to live somewhere.
More to follow...
Will it make sense? Will it have something to do with deflation?
I doubt it. You understand that the Fed doesn't create the entire money supply?
Where are all these tin foilers coming from who think the Federal Reserve has 666 inscribed above the doorway to their building?
I used to think they were joking when they claimed it was the Fed on the grassy knoll in 1963. But these loonies are serious. Bad craziness.
Straight from a goldbug website.
Neither of you offer intelligent rebuttals, only efforts to portray those who disagree with you as mental defectives.
Dream on.
You make it so easy.
“I doubt it. You understand that the Fed doesn’t create the entire money supply?”
I would like you to tell me exactly how many dollars now exist, and how many new dollars are being added each quarter. If you also want to tell me other FACTS about the Federal Reserve, I’m open to that.
I don't know. Neither does the Federal Reserve. Do you?
and how many new dollars are being added each quarter.
Added by who?
“Added by who?”
Let’s start with the US Treasury.
Have they sold the printing presses to China?
You know that printed money is only a small portion of the money supply, don’t you?
You either don’t know the answer, or you are trying to conceal it to protect your position.
It is impossible to make intelligent, well informed, decisions about our currency without knowing how many dollars presently exist, and how many new dollars will be added each quarter.
The Fed must know (excepting counterfeit) but they aren’t telling the PUBLIC.
Such information must be very valuable.
What position?
The Fed must know (excepting counterfeit) but they aren’t telling the PUBLIC.
Currency in circulation is currently $815.177 billion.
FEDERAL RESERVE Statistical Release
That's an increase of $15.4 billion in the last year.
Such information must be very valuable.
If you say so.
Do you understand that the Fed (or the Treasury) isn't responsible for all the dollars in circulation? Yes or no?
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