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To: Mase

M3 doesn’t matter, or so I’ve been told.

/s


13 posted on 12/18/2007 9:37:57 PM PST by taxed2death (A few billion here, a few trillion there...we're all friends right?)
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To: taxed2death
M3 doesn’t matter, or so I’ve been told.

Considering that for the past twenty years the Fed has used interest rates to spearhead monetary policy rather than the money supply, I'd have to agree with you..... /no sarcasm.

20 posted on 12/19/2007 6:22:03 AM PST by Mase (Save me from the people who would save me from myself!)
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