tag:blogger.com,1999:blog-6616959642391988608.post5784771002387927978..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: ISM manufacturing data very strongScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6616959642391988608.post-53081239812433958702010-04-01T13:39:26.044-07:002010-04-01T13:39:26.044-07:00Benj,
There is another factor that affects econom...Benj,<br /><br />There is another factor that affects economic growth and that is money velocity. The money supply can remain flat but an increase in money velocity can result in economic growth. <br /><br />Scott may have other reasons why economic growth can occur with no money growth, but velocity is the only one I can think of at the moment. <br /><br /><br />Hope this helps.Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-5363105720627271152010-04-01T10:24:13.319-07:002010-04-01T10:24:13.319-07:00Die, recession, die, die, die!
Monetarists do hav...Die, recession, die, die, die!<br /><br />Monetarists do have a question: This recovery appears to be happening despite almost no growth in M2, or what the St. Louis Fed calls "MZM." In fact, MZM is falling. The St. Louis Fed has terrific charts, but they seem to show roughly steady growth in MZM, maybe a little faster leading into the recession, and now falling. <br /><br />From the Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78195388370980369962010-04-01T09:48:43.502-07:002010-04-01T09:48:43.502-07:00Dear Alstry:
"Maybe we are now learing Scott...Dear Alstry:<br /><br />"Maybe we are now learing Scott's new nickname could be BIG GOVERNMENT Grannis;)"<br /><br />Its a testament to Scott's character that he even allows you to post. If you think Scott is a big government fan you need to interrupt your typing long enough to actually read his posts once in a while.<br /><br />Here's an idea: <br />Post insults on your ownBrian Hhttps://www.blogger.com/profile/14869071526968957308noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42438965147760855692010-04-01T09:48:01.910-07:002010-04-01T09:48:01.910-07:00Ford (F-nyse) is reporting a yr over yr sales incr...Ford (F-nyse) is reporting a yr over yr sales increase of nearly 40%, the highest since feb 1984. I find it interesting that from 1984 to 1987 the market was up every singe year and culminated with the big fall in October 1987. I believe something similar may be building in this cycle.Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23062248786905554632010-04-01T09:40:00.436-07:002010-04-01T09:40:00.436-07:00Actually....to be honest....
I think we can hones...Actually....to be honest....<br /><br />I think we can honestly say this has been engineered for the past thirty years.....at ever increasing rates since we morphed from being a creditor nation to debtor nation.<br /><br />Interestingly about the exact same time Madoff started his flourishing business....until the suckers ran out.alstryhttps://www.blogger.com/profile/16025398896639165994noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-27325671889080329712010-04-01T09:37:13.368-07:002010-04-01T09:37:13.368-07:00Sorry, Alstry,
The engineer was Ben Bernanke.Sorry, Alstry,<br /><br />The engineer was Ben Bernanke.Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-86436310185751644102010-04-01T09:17:58.333-07:002010-04-01T09:17:58.333-07:00Hooooooray for Obama!!!!!
The engineer for the gr...Hooooooray for Obama!!!!!<br /><br />The engineer for the greatest deficit based recovery in History....<br /><br />Maybe we can amend the law to allow for 8 more years.......<br /><br />Maybe we are now learing Scott's new nickname could be BIG GOVERNMENT Grannis;)<br /><br /><br />If we loaned a homeless person $3 trillion dollars, and forced him/her to spend it.....don't you think we alstryhttps://www.blogger.com/profile/16025398896639165994noreply@blogger.com