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To:
economist-student
policy firming
Does that mean increasing the interest rate?
12
posted on
03/21/2006 1:35:23 PM PST
by
RightWhale
(pas de lieu, Rhone que nous)
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To:
RightWhale
They are raising interest rates, but at the same time they're printing money like there's no tomorrow. That's the famous "quantitative easing".
Five year M3 graph:
14
posted on
03/21/2006 1:45:55 PM PST
by
economist-student
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