Thursday, October 7, 2010

The Gold Hater Laughs

TheStalwart Lol RT @WenzelEconomics Inflation about to hit...but gold hater @TheStalwart tweets: "OMG, enough with the QEII talk, people. Soooo boring"

1 comment:

  1. Robert - you have demonstrated in the past that Fed funds were directed to excessive reserves, and that M2 was basically flat.

    M2 is growing, but at a pretty small rate. The Fed has not yet adjusted the real funds rate in a way that would cause banks to put the excess reserves to work.

    The financial blogspace has been crying hyperinflation for a long, long time. What puts you on the bandwagon?