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Author: mjcalab Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35499  
Subject: Re: IMF not amused by credit market meltdown Date: 4/8/2008 12:38 PM
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I still think if there's not enough money

http://research.stlouisfed.org/publications/usfd/20080404/usfd.pdf

But, 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.
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