What is the government hiding?
@redyellowblackdog (10629)
United States
June 19, 2007 11:36am CST
What is the government hiding? In March of 2006 the USA government quit reporting the M3 money supply. M3 is the widest, most inclusive measure of the amount of dollars in circulation. When M3 increases faster than the population, inflation is unavoidable. This is because the law of supply and demand can not be repealed.
Besides hiding how much inflation really is going on, there is another reason that the USA does not report M3. To find out what it is click the link below.
http://inflationdata.com/inflation/Articles/M3_Money_supply.asp
To learn much much more about money supply, put the words, "money supply" in the search engine at the top of the mylot page.
So what do you think? Is the author of the article just paranoid about the increase in M3? Are you concerned about runaway inflation in the USA in the coming few years? What do you think you can do to get ready for high inflation?
1 person likes this
2 responses
@redyellowblackdog (10629)
• United States
21 Jun 07
Hmmm... you don't think we might have any dishonest politicians, do you?
@redyellowblackdog (10629)
• United States
21 Jun 07
With the way the money supply is exploding there has to be inflation overall in our future. However, deflation is not ruled out for any given individual sector.
Sort of makes me glad I'm not in the real estate/mortgage business. They might get the worse of two worlds.
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