Downfall of the Food and Energy Industries
Jul 27th, 2007 | By Christopher Hancock | Category: Macroeconomics
Independent analysts tell us that M3 is increasing at 12% per year.
M3 is the inconvenient truth that the Labor Department no longer reports. It is the fullest measure of the U.S. money supply… and it is going up three-four times faster than GDP itself.
Mr. Bernanke assures us inflation is under ...read more
