- M2 Verlangsamung doch nicht alarmierend? - EM-financial, 01.01.2004, 15:04
- Re: M2 Verlangsamung doch nicht alarmierend? - kingsolomon, 01.01.2004, 19:05
- Frage... - fridolin, 01.01.2004, 19:21
- Re: M2 Verlangsamung doch nicht alarmierend? - kingsolomon, 01.01.2004, 19:05
M2 Verlangsamung doch nicht alarmierend?
-->The combined balance sheet of Fannie and Freddie is $3 trillion, 30% of the U.S. economy. The annualized growth rate in September and October of their balance sheets was 50%. Now when people talk about M2 or the old monetarism, it hasn't kept pace with the disintermediation, which has gone on in the economy. It doesn't include agency paper. The money supply looks as if it's waning. It's not. There's enormous dollar creation.
Barron's Article
Monday, December 29, 2003
From Bad to Awful
A U.K. hedge-fund chief sees two possible investing scenarios, and one's downright scary
By VITO J. RACANELLI

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