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Re: NICKD123 post# 20539

Tuesday, 12/01/2009 4:36:48 PM

Tuesday, December 01, 2009 4:36:48 PM

Post# of 29692
So you would be happy if Iraq values their currency so that they have a M0 of $15 Trillion and a M1 of $24 Trillion, while the rest of the world combined has a M0 of $5 Trillion and M1 of $20 Trillion?
So Iraq would have a M0 3 times larger than the rest of the world combined?
Yes… I can see where you would be happy… but the rest of the world might have a bit of a problem with it.

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