[Lazamataz]

Money supply increasing is meaningless unless you examine its context.A surge doesn't mean a damn thing if its coming from a base that has been turning over less than the growth of GDP.

Well, this is progress. At least you are now admitting there has been an increase in the money supply, even if you are challenging its relevance.

Now, you tell me: Why do you not think this increase is relevant?

[habs4ever]

What is it that you think such an increase portends? YOU are the one that thinks it has great meaning, not I...so..out with it?

I look at the way the markets are acting and take it from there.Money supply has gone up and down in big ways, for 20+ yrs, and what has it meant? Diddly....

Japan has a monetary base that is about 15% of its GDP, yet where is their inflation?? what is the cost of capital there?Yet to a monetarist, this is heresy, it means the inflation express is coming down da track....no, it means the economy sucks and isn't growing enough to make bond yields rise.Money sits in cash accounts doing nothing.