Bernanke inherited a M3 problem because of easy money Greenspan, where every dollar bought 4. He has one of the toughest and most thankless jobs going, and he's likely to be burned by circumstances not of his own making.
I think the real economy and the financial economy are two different things. One is slowing and the other isnt. One leads the other. Where does that leave the markerts?
Isn't it just a wee early to know how hard the landing will be? I mean considering we're still at 11,700 ft. Have another cocktail and keep your seat belt fastened, KrazyKarl.
didn't they stop publishing M3? so they could hide their dillution of the dollar? and finish nixon's work for him?? :eek: :eek:
what are you serving? you happen to be wearing one of those little itty-bitty skirts? oh, and i'll take 2 of those little bags of crackers that look like airplanes.....