I still think if there's not enough moneyhttp://research.stlouisfed.org/publications/usfd/20080404/usfd.pdfBut, the Fed’s MZM series (money of zero maturity), which has been increasing at double digit rate for months and has soared at an annual rate of 37.7% in the last four weeks, shows money and credit are flowing freely. Year over year it has increased at 16.3%. This series offers no evidence there is a credit crisis or credit crunch.Looks worse then we think, bankers are calling wolf so the Fed allows them steal from us.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra