Economics Questions

Re: Not just the USA is increasing the money Supply

scineram — Sun, 14 Dec 2008 19:56:47 GMT

It is arbitrary, but not necessarily bad. I do not see how intervention changes that. The government has no way to know, what the money supply should be, but expansion cannot be judged so simply imo.

Re: Not just the USA is increasing the money Supply

ryanpatgray — Sun, 14 Dec 2008 19:27:21 GMT

scineram:

Does an increased demand warrant such an expansion of the supply, or is it purely arbitrary?

In this case, since it is not market driven, it is arbitrary. In a pure free market there may be a demand for more money that would warrant such.

Re: Not just the USA is increasing the money Supply

Knight_of_BAAWA — Sun, 14 Dec 2008 19:10:18 GMT

At least China has an honestly socialist name for its central bank. That's the only good thing I can say about the subject of the article.

I'm thinking that with all the repetition of wrong-headed ideas, Santayana has gone beyond rolling over in his grave and has become Zombie Santayana, bent on revenge on the ignorant.

Re: Not just the USA is increasing the money Supply

scineram — Sun, 14 Dec 2008 18:53:59 GMT

Does an increased demand warrant such an expansion of the supply, or is it purely arbitrary?

Re: Not just the USA is increasing the money Supply

ryanpatgray — Sun, 14 Dec 2008 18:53:27 GMT

liberty student:

The global cartel is swinging into action. It makes me sick that my country participates in this.

Me too. It makes me sick that I am forced at the point of a gun to support this with my tax dollars.

Re: Not just the USA is increasing the money Supply

liberty student — Sun, 14 Dec 2008 18:47:39 GMT

The global cartel is swinging into action. It makes me sick that my country participates in this.

Not just the USA is increasing the money Supply

ryanpatgray — Sun, 14 Dec 2008 15:25:44 GMT

China is also going going to increase its money supply.

According to Bloomberg.com "M2, the broadest measure, including cash and all deposits, will increase 17 percent, the State Council said in a statement on its Web site."