Is there any way of knowing how long it takes before the inflation caused by " Quantitative Easing" begins to show?
No-one on Bloomberg or CNN seems to know but I am assuming for now that the currency is debased by the amount of counterfeit, borrowed or printed money added to it according to it's proportion of the new total money supply. If the American M3 for 2008 is $14 trillion and the amount of money added to it is something like $5 trillion, of loans and duds, then the added amount should debase the Dollar by 30%, but over what timescale? By the time it arrives back at the treasury in the form of taxes etc? --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/Minds-Eye?hl=en -~----------~----~----~----~------~----~------~--~---
