Thursday, May 27, 2010

US MONEY SUPPLY PLUNGES AT 1930's DEPRESSION PACE

Astute reader picked up on this, here is link to story TELEGRAPH.UK

"The M3 money supply in the United States is contracting at an accelerating rate that now matches the average decline seen from 1929 to 1933, despite near zero interest rates and the biggest fiscal blitz in history. "

I call it BLACK HOLE DEFLATION

Duratek

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