Free Republic
Browse · Search
News/Activism
Topics · Post Article

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
[ Post Reply | Private Reply | To 1 | View Replies ]


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
[ Post Reply | Private Reply | To 6 | View Replies ]

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.

35 posted on 09/06/2002 11:57:44 AM PDT by Moonman62
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson