Even still, you failed to address the point about Velocity. (Money Supply) * (Velocity) = (Prices) * (GDP) So if the velocity is incredibly small, as it is with Investment Banking finances, the affect on inflation goes to zero. It's pretty simple math, actually. So, like I said, even though ...
03-27-2008, 05:49 PM
| #21 | ||||
| Leges sine Moribus Vanae  Liberal University City, Philly and Buffalo 
| Even still, you failed to address the point about Velocity. (Money Supply) * (Velocity) = (Prices) * (GDP) So if the velocity is incredibly small, as it is with Investment Banking finances, the affect on inflation goes to zero. It's pretty simple math, actually. So, like I said, even though I, too, would like to see the M3 numbers, if they don't affect inflation, I don't think the Fed is obligated to give them to us. Especially when there's some possible private-sector gain involved. | ||||
     |
|
03-27-2008, 09:26 PM
| #22 | ||||
| For those about to rock...  libertarian Atlanta, GA
| Information gives people advantage  Anyway, LTIs aren't immune to faster outflows in a failing market. | ||||
| |
| Register to Post a Reply |
| Bookmarks |
| Tags |
| debt |
| ||||||
| Thread Tools | |
| |
| vBulletin 3.7.2 -- Copyright ©2000 - 2008, Jelsoft Enterprises Ltd. | Custom Artwork and Theme (TM) 2006, Liberty Lounge |
