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Fa$ten Your $eat Belt$
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<blockquote data-quote="Anonymous" data-source="post: 21053"><p>Esteemed :king: di tutti :king: :king: :king: </p><p></p><p><em>I remind you that actual printed currency is only a fraction of the total money supply.</em></p><p></p><p>Figure of speech. M3 figures haven't been supplied since . . . (?)</p><p></p><p><em>The fed furiously printing it in order to keep pace with a declining exchange rate simply is not true. </em></p><p></p><p>Agreed. But I didn't say it was. It's printed in hopes of avoiding a systemic meltdown. The exchange rate is just a symptom.</p><p></p><p><em>The exchange rate may well improve</em></p><p></p><p>With the US inflating by policy and Europe deflating by policy ? The spread can only widen. The honestly calculated inflation rate at present is around 15 % as it is.</p><p></p><p><em>WHO has EVER put cash in the mail for either</em></p><p></p><p>I have. Lots of times. In this country. Abroad, only for collectors stamps. But at least a hundred times. </p><p></p><p>:face:</p><p></p><p>Gotta run -- thunderstorms are returning.</p></blockquote><p></p>
[QUOTE="Anonymous, post: 21053"] Esteemed :king: di tutti :king: :king: :king: [i]I remind you that actual printed currency is only a fraction of the total money supply.[/i] Figure of speech. M3 figures haven't been supplied since . . . (?) [i]The fed furiously printing it in order to keep pace with a declining exchange rate simply is not true. [/i] Agreed. But I didn't say it was. It's printed in hopes of avoiding a systemic meltdown. The exchange rate is just a symptom. [i]The exchange rate may well improve[/i] With the US inflating by policy and Europe deflating by policy ? The spread can only widen. The honestly calculated inflation rate at present is around 15 % as it is. [i]WHO has EVER put cash in the mail for either[/i] I have. Lots of times. In this country. Abroad, only for collectors stamps. But at least a hundred times. :face: Gotta run -- thunderstorms are returning. [/QUOTE]
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