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IPFS News Link • Economy - Economics USA

Is the Fed Deflating?

9-25-2007 • MISH: Global Economic Analysis

Gary North wrote an article suggesting the Fed is deflating. Base Money was used for his claim as M2 and M3 are flawed measures that contain credit transactions. The distinction between printing and credit is paramount. But M2 and M3 are not useless

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Reported By Mike Shedlock

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Is the Fed Deflating?

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