tag:blogger.com,1999:blog-3758330678390419129.post8961721581389108811..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: M2 Money Supply Growth...Robert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3758330678390419129.post-29388876563453136072010-06-20T13:34:49.635-04:002010-06-20T13:34:49.635-04:00I agree with RatherBFlying.I agree with RatherBFlying.Taylor Conanthttps://www.blogger.com/profile/18270678440957992085noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-73241072140462158492010-06-20T08:29:12.387-04:002010-06-20T08:29:12.387-04:00Anon@8:06am, if you can't handle contrary opin...Anon@8:06am, if you can't handle contrary opinions, then stop visiting here and stick with reading Jim Sinclair. I'm sure it's all as simple as Jim says, and I don't want you bothered with actually having to think.<br /><br />Hugo, all the Fed did with that massive spurt of money printing in 08/09 was backstop asset prices. They stopped the massively deflationary effects of those RatherBFlyinghttps://www.blogger.com/profile/02471578548048724411noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-52086466114985559292010-06-20T08:06:44.824-04:002010-06-20T08:06:44.824-04:00Well said Jon.
Mr Wenzel, please just stick to r...Well said Jon. <br /><br />Mr Wenzel, please just stick to reporting on economic news and keep your expert opinions to yourself.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-12996943129262662792010-06-20T08:03:32.996-04:002010-06-20T08:03:32.996-04:00Rob, you have been crying gold prices are going to...Rob, you have been crying gold prices are going to crash since last year... Give it up already. You clearly don't understand gold dynamics and should go hang out with Bernanke.anliunoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-68882315247783800012010-06-20T02:25:13.797-04:002010-06-20T02:25:13.797-04:00"We may get inflation in the next few years, ..."We may get inflation in the next few years, but, if so, it will be based on money growth yet to happen. It hasn’t happened yet."<br /><br />He is lying in the last bit. There has been a lot of money printing alredy and its going to cause inflation. The thing is that all this money has not reached the market yet.Hugonoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61464656463707791512010-06-20T01:28:40.769-04:002010-06-20T01:28:40.769-04:001) The fed does not control M2, banks and borrower...1) The fed does not control M2, banks and borrowers do.<br /><br />2) M2 minus (this excludes small time deposits which is not easily spendable money) is growing at almost %7 y/y<br /><br />3) Savings accts and checkable deposits are growing at %14 y/y and %12 y/y, respectively<br /><br />4) Broad money is falling because of the precipitous drop in Retail/Institutional Money funds and Time Jonnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-66528754674940612002010-06-20T00:18:37.307-04:002010-06-20T00:18:37.307-04:00Correction: "This is not hard to imagine con...Correction: "This is not hard to imagine considering 'almost' every nation state is broke"Freedom Schoolhttp://www.freedomschool.orgnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-72711264775767899482010-06-20T00:14:27.288-04:002010-06-20T00:14:27.288-04:00The pop in the gold price could also be the sign o...The pop in the gold price could also be the sign of the growing lack of confidence in all other currencies. This is not hard to imagine considering every nation state is broke. <br /><br />Money growth is not needed for gold to rise when confidence wanes and existing dollar holders start dumping them.Freedom Schoolhttp://www.freedomschool.orgnoreply@blogger.com