DID HE SAY, "TIGHTER MONETARY POLICY"?
Thursday, October 18, 2007 - FreeMarketNews.com
Total Fed Credit expanded only $2.0 billion last week, taking the total to $861.6 billion. Not much of an increase, and sure enough, Doug Noland says, "Fed Credit has increased $9.4bn y-t-d and $31.9bn over the past year (3.8%)." Almost nothing, considering their record! So the money to finance the world's bull markets is coming from someplace else. Hmmm! I wonder where? And I wonder why the people providing the money to keep up the bull markets in stocks, bonds and government are doing it? What is their motivation? And if they are that carefree with their money, can I talk them into giving some to me? Or is there some slimy corruption at the root of it all?
Total Fed Credit expanded only $2.0 billion last week, taking the total to $861.6 billion. Not much of an increase, and sure enough, Doug Noland says, "Fed Credit has increased $9.4bn y-t-d and $31.9bn over the past year (3.8%)." Almost nothing, considering their record! So the money to finance the world's bull markets is coming from someplace else. Hmmm! I wonder where? And I wonder why the people providing the money to keep up the bull markets in stocks, bonds and government are doing it? What is their motivation? And if they are that carefree with their money, can I talk them into giving some to me? Or is there some slimy corruption at the root of it all?
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