To: AM2000
Does this mean that the billions and billions of dollars entered the economy permanently? If so, this means that money supply has increased about $225 billion between 9/11 and Y2K (they pumped in about 75 billion then too).
6 posted on
09/04/2002 6:13:01 PM PDT by
ikka
To: ikka
Does this mean that the billions and billions of dollars entered the economy permanently? If so, this means that money supply has increased about $225 billion between 9/11 and Y2K (they pumped in about 75 billion then too).Not nearly enough money has been "pumped" in to the economy. That's the reason this recovery is so weak.
The economy wants to grow! There isn't enough money available to let it grow.
11 posted on
09/04/2002 6:27:23 PM PDT by
BfloGuy
To: ikka
Does this mean that the billions and billions of dollars entered the economy permanently? If so, this means that money supply has increased about $225 billion between 9/11 and Y2K (they pumped in about 75 billion then too). Good question. I believe most if not all the liquidity was in the form of repurchase agreements and currency swaps, which are both temporary.
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