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To: Fee

This is no surprise. Why do you think the Fed stopped reporting M3 in 2006? The Bank of England just started doing the same thing this year. They don’t want the people to know how much money is actually in circulation.


4 posted on 01/12/2009 10:24:09 AM PST by kingpins9
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To: kingpins9
Fed stopped reporting M3p

Using algebra, couldn't we get this figure ourselves?

We know they're printing at 100% capacity.

I've even heard outsourcing to the Swiss?

47 posted on 01/12/2009 11:18:21 AM PST by norraad ("What light!">Blues Brothers)
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To: kingpins9

“They don’t want the people to know how much money is actually in circulation.”

I think this is the key when it comes to hyper or runnaway inflation. The article’s author says, “’Hyperinflation’, or even ‘Serious Inflation’ (similar to what we had in the 1970s) is impossible without a means to transmit the rise in prices into wages,” I think is misguided. All that is needed for it to occur is for everyone to think their money is becoming worthless, and for them to get rid of it as soon as possible.


54 posted on 01/12/2009 11:49:05 AM PST by Tublecane
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