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To: Mariner; BfloGuy
the Federal Reserve has more than quadrupled the money supply since August 2008

Let's get real.  Money supply August 4, 2008: $8,788,900M.  March 17, 2014:  $12,413,100M.  Money supply growth's been steady for decades:

Deflation is a problem in an economy built on debtors.

If there are debtors then there are lenders.  Economic activity means there are debtors and lenders.  Deflation is a problem in an economy built on economic activity.

13 posted on 04/03/2014 3:59:21 AM PDT by expat_panama (Arguing with those who have renounced reason is like giving medicine to the dead. --Thomas Paine)
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To: expat_panama
Let's get real. Money supply August 4, 2008: $8,788,900M. March 17, 2014: $12,413,100M. Money supply growth's been steady for decades:

Heh. Good trick, using this new-fangled "MZM". Sort of like how the feds keep re-defining CPI.

16 posted on 04/03/2014 3:53:34 PM PDT by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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