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To: carl in alaska
I don't really know much about that blog. But hiding M3 data is not a good thing however you look at it. I am not a financial "wizard" and as far as investing goes I only invest in tangible assets.

Possession is 9/10 and if you don't hold it you don't own it. Paper is useful to write on and for cleaning up when using the head

21 posted on 02/28/2006 9:04:02 AM PST by vrwc0915 ("Necessity is the plea of every infringement of human freedom. It is the argument of tyrants,)
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To: vrwc0915

I don't know about the M3 data. There may be solid technical reasons why it's not a good measure of money supply or it's not very meaningful. It may be a wise decision not to publish it; no information is better than distorted or meaningless disinformation. For example, the offical reported US "savings rate" doesn't include pre-tax 401K and IRA contributions, so it's a meaningless number and we might be better off if the government stopped publishing that number and invented a more accurate calculation of savings that includes 401K and IRA contributions.


25 posted on 02/28/2006 9:10:51 AM PST by carl in alaska (The raven watching news of the Florida recounts stirred and spoke. Quoth the raven..."NeverGore.")
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