Re: The differences between 1929 and Today
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Is it me or did you say in one post that there was contraction of the money supply underway due to the credit crunch and then refute your own arguement by stating it wasn't the case and asserting its all about the currency?
Come on, man. You can't have it both ways.
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Huh? Two completly different things. I am saying that there is a contraction in the money supply due to the credit crunch and I am saying that price action in equity markets is due to perceptions about currency manipulation not perceptions about economic fundamentals.
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