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To: Toddsterpatriot
Here's an interesting chart of the money supply over at wiki. It seems M1 has been declining in influence for over 40 years.

http://en.wikipedia.org/wiki/Image:Components_of_the_United_States_money_supply.svg

9 posted on 12/18/2007 8:42:11 PM PST by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
http://www.treasurydirect.gov/news/pressroom/pressroom_reducedpurchaselimit.htm

Annual Purchase Limit For Savings Bonds Set at $5,000

FOR IMMEDIATE RELEASE

December 3, 2007

The annual limitation on purchases of United States Savings Bonds will be set at $5,000 per Social Security Number, effective January 1, 2008. The limit applies separately to Series EE and Series I savings bonds, and separately to bonds issued in paper or electronic form

snip...

The reduction from the $30,000 annual limit in effect for both series since 2003 was made to refocus the savings bond program on its original purpose of making these non-marketable Treasury securities available to individuals with relatively small sums to invest.

Is the government closing the doors to head off bank runs?

Citibank and other money center banks have imposed limits on customers abilities to use free IIS (inter-institutional) wire transfers of more than $2,500 per month for overnight wires, and no more than $10,000 per month for 3-day wires.

American Express has an "Order limit: There is a maximum order size of $1000.00 that can be purchased within a 14-day period. "

https://www210.americanexpress.com/BOLWeb/bolfeOrder.do?request_type=orderProduct&promotion=AMEX&program=TC00000201&selleracctnbr=2539481999I Hmmm very interesting indeed...

10 posted on 12/18/2007 9:03:29 PM PST by abigkahuna (Step on up folks and see the "Strange Thing"only a thin dollar, babies free)
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