Commodities rally won't last if money supply isn't exploding

Discussion in 'Economics' started by crgarcia, Jun 15, 2009.

  1. And money supply is NOT exploding.

    Despite the gov't spending and deficit.
  2. I told everyone here months ago that the money the fed is deploying is not circulating in the 'real economy,' but rather going to backstop bad debts, buy RMBSs and CMBSs and CDSs, and insure other security instruments.

    Deflation is and will remain the enemy.