Distorted economy, volatile stocks due to misleading money-supply reporting

United States
February 28, 2007 6:52am CST
Remember the reporting of money supplies such as "M2" and "M3" that were commonplace as of last year? "M2" is supposed to be the immediately available money supply currently in circulation. "M3" is another category of money that is locked into investments not immediately liquid. Well, there have been zero reports on the M3 supply since March of 2006. This corresponds with the rapid, record and unexplainable expansion of tghe U.S. stock market. And now, an apparent global market collapse, at least for the last day or two. Someone has some explaining to do.
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