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Re: From the East Bay post# 160452

Monday, 10/13/2003 5:09:43 PM

Monday, October 13, 2003 5:09:43 PM

Post# of 704041
The money supply has doubled since 1996, as measured by M3.

This is a compounded growth rate of roughly 11% per year.

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the Fed has largely been unsuccessful in causing the money supply to grow rapidly

http://www.investorshub.com/boards/read_msg.asp?message_id=1573355
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Thank goodness "the Fed has largely been unsuccessful in causing the money supply to grow rapidly."

I fear success will not long elude their diligent efforts.

I'm afraid to even ask what annual growth rate would qualify as rapidly in your estimation, 20%, 50%?

God save us from lunatics like Ben Bernanke and his acolytes.




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