The money supply increased (in billions) from 20.8 in 1921 to 24.9 in 1925, or nearly 20%, and from 24.9 in 1925 to 26.4 in 1929, or 6%.If there is a similar deceleration of the rate of increase in the money supply now, then look out.
39 posted on 02/11/2014 1:32:44 PM PST by mjp
((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))