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U.S. money supply plunges at 1930s pace as Obama eyes fresh stimulus
telegraph.co.uk ^
| 9:40PM BST 26 May 2010
| Ambrose Evans-Pritchard
Posted on 05/27/2010 11:21:12 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: Paladin2
By the time America FEELS this pain gas will be at 4 bucks and climbing and Obama and his cronies will be loading up their private bank accounts.
To: NoObamaFightForConservatives
To: HangnJudge
Interesting, they all seem to be headed down.
Maybe my lack of interest in spending is reducing velocity (Finally!).
23
posted on
05/27/2010 11:47:51 AM PDT
by
Paladin2
To: HangnJudge
How’s being at zer0 wrong?
24
posted on
05/27/2010 11:48:56 AM PDT
by
Paladin2
To: WackySam
Propitiatory estimates. In other words take it with a grain of salt.
25
posted on
05/27/2010 11:49:54 AM PDT
by
DManA
To: DManA
Exactly, they’ve been hiding the decline for years...
26
posted on
05/27/2010 11:50:41 AM PDT
by
SueRae
To: NoObamaFightForConservatives
To: Paladin2
From the article of the Obama stimulus bill article...
"So, its been 15 months since the passage of the big stimulus bill, which has since been increased by $75 billion to a total of $862 billion and which, to hear Democrats tell it, has been a great big success. Yet, were still talking about emergency deficit spending in a single bill that nearly equals the entire federal deficit for 2007. With that kind of success, its no wonder they didnt want to call this one another stimulus.
To: NoObamaFightForConservatives
I’m thinking that with a few million $$$$ from zer0’s stash, I could much more easily go completely Galt and buy the whole darn Gulch.
29
posted on
05/27/2010 12:00:27 PM PDT
by
Paladin2
To: GalaxieFiveHundred
LOL, Dude, you are ON to it.
30
posted on
05/27/2010 12:02:04 PM PDT
by
Paladin2
To: gundog
Yep, it’s “funny money” alright...
31
posted on
05/27/2010 12:02:06 PM PDT
by
GOPJ
(...man was meant to be doubtful about himself, but undoubting about the truth-Gilbert K. Chesterton)
To: GalaxieFiveHundred
To: DManA
Propitiatory estimates. In other words take it with a grain of salt.
I figured as much.
I think this chart tells the real story- that we've more than doubled our monetary base in the last couple of years. How can anyone really believe that we're headed towards deflation?
33
posted on
05/27/2010 12:07:16 PM PDT
by
WackySam
(To argue with a man who has renounced his reason is like giving medicine to the dead.)
To: LibLieSlayer
Believe me yetNever doubted you
34
posted on
05/27/2010 12:07:21 PM PDT
by
muddler
(Obama is either incompetent or malicious, and it makes little difference which.)
To: muddler
To: GalaxieFiveHundred
I’ve mentioned missing George Washington a number of times here on FR and elsewhere.
To: GalaxieFiveHundred
To: NoObamaFightForConservatives
Amazing. These guys are the best Con-Men in history or...The American population is the stupidest in history.
To: screaminsunshine
Im sure in the fine print of the new stimulus bill is further funding for endangered rats and ACORN.
To: NoObamaFightForConservatives
It seems to me that fiscal stimulus in the face of a collapsing money supply should be the poster child for pushing a rope uphill. The more the feds borrow to pour into the economy, the more is absorbed by the banking system to shore up its reserves.
40
posted on
05/27/2010 12:41:50 PM PDT
by
p. henry
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