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To: AndyJackson
No, you are not putting those words in my mouth. The FED can control the money supply if they so choose, just as I said.

If I borrow money from the bank, I've increased the money supply. The Fed has no control over my borrowing. Sorry you can't understand that.

MZM did not grow by $2T in the last 12 months without the FED taking active measures to make it grow by $2T in the last 12 months.

Precisely what did they do?

177 posted on 04/30/2008 5:02:23 PM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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To: Toddsterpatriot

Exactly what they said they did. You can look it up on their own website.


178 posted on 04/30/2008 5:08:12 PM PDT by AndyJackson
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To: Toddsterpatriot
If I borrow money from the bank, I've increased the money supply.

You have not altered MZM one wit. You already claimed to have agreed to that point eons ago in this thread. You are welcome to retract the position, but it is really 6th grade math.

179 posted on 04/30/2008 5:09:55 PM PDT by AndyJackson
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