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To: GodGunsGuts

Smoke and mirrors.

The Fed is inflating the economy as we speak. They stopped publishing M3 for a reason. While the raised rates to 5.25%, money supply grew at a seasonally adjusted annual rate of 8.7% in the three months from November 2005 to February 2006.

So on one hand they say they are fighting price inflation but in the background they are creating money inflation. I suspect the dollar is reacting to the growth in M3, not the Feds public interest rate decisions.


75 posted on 12/12/2006 4:08:53 PM PST by mpreston
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To: mpreston

All the more reason to educate Americans that "MONEY IS TOO IMPORTANT" to Trust with Central Bankers!

http://www.financialsense.com/fsu/editorials/dorsch/2006/1212.html


76 posted on 12/12/2006 4:13:37 PM PST by GodGunsGuts
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To: mpreston
They stopped publishing M3 for a reason. While the raised rates to 5.25%, money supply grew at a seasonally adjusted annual rate of 8.7% in the three months from November 2005 to February 2006.

How much is M2 growing?

77 posted on 12/12/2006 4:17:28 PM PST by Toddsterpatriot (If you agree with EPI, you're not a conservative!)
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To: mpreston

The Fed recently began publishing M3 again...


107 posted on 12/13/2006 6:54:54 PM PST by Woodman ("One of the most striking differences between a cat and a lie is that a cat has only nine lives." PW)
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To: mpreston
money supply grew at a seasonally adjusted annual rate of 8.7% in the three months from November 2005 to February 2006.

How much has it grown since February?

108 posted on 12/13/2006 6:58:03 PM PST by Toddsterpatriot (If you agree with EPI, you're not a conservative!)
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