This blog attempts to educate people about how our economy works and to provide updates on what is going on in the economy that may affect them (See personal story at the bottom of the page). Neither this blog nor I are investment advisors, any opinions posted on this site are my own. Please seek a professional investment advisor to fit your personal investment goals.
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Thursday, September 16, 2010
M1 and M2 Money Supply Update
Zerohedge is tracking M1 and M2 money supply trends now and point out that money supply, as well as the Feds Balance Sheet, should now be used as an indicator of overall economic health making this statement "Together with the Fed's balance sheet, we are now convinced that the second most important developing metric for the economy is a granular analysis of the key public monetary aggregates: M1+M2." As money supply expands this causes the dollar to devalue as well as causes inflation (as you can buy less with your weakened dollar). [ Read More ... ]
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