Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina
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2008 money supply increase tally
Feb...300 billion tax rebate
July...300 billion fannie/freddie bailout
Sept..630 billion Fed increase in money supply(barely noticed)
Oct...700 billion banking bailout
1.93 trillion of inflationary fiat currency added to the money supply.
Great Job Washington. You have a couple of months left to hit the 2 trillion mark.
The fact that the HR voted for this last increase despite overwhelming
disapproval from their constituents is proof positive that these scumbags in Washington could care less about you. Im not surprised though...They are doing what politicians do...rewarding their friends and punishing their enemies....WE ARE THE ENEMY!!!
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| 10-07-2008 11:36 AM |
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Ninerfan1
Habitual Line Stepper
Posts: 9,871
Joined: Mar 2004
Reputation: 146
I Root For: Charlotte
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RE: 2008 money supply increase tally
Not that it matters but the tax rebate was borrowed from China, we didn't print more money.
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| 10-07-2008 11:38 AM |
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Fo Shizzle
Pragmatic Classical Liberal
Posts: 42,023
Joined: Dec 2006
Reputation: 1206
I Root For: ECU PIRATES
Location: North Carolina
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RE: 2008 money supply increase tally
Ninerfan1 Wrote:Not that it matters but the tax rebate was borrowed from China, we didn't print more money.
Still an increase in the money supply, but you are correct.
And to be factual...the Fed increase has nothing to do with the scumbags in Washington since the govt. does not control the fed...but..it shows the trend of fiscal irresponsibility.
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| 10-07-2008 11:44 AM |
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