<div> </div> <div>Hang on, why is M3 useless? The Bank of England publishes an M4 and M5 don't they? Isn't it a little suspicious that after increasing the money supply so copiously the Greenspan Fed conveniently retires the broadest measure of money? </div> <div> </div> <div><br><br> </div> <div><span class="gmail_quote">On 11/15/05, <b class="gmail_sendername">Doug Henwood</b> <<a href="mailto:dhenwood@panix.com">dhenwood@panix.com</a>> wrote:</span> <blockquote class="gmail_quote" style="PADDING-LEFT: 1ex; MARGIN: 0px 0px 0px 0.8ex; BORDER-LEFT: #ccc 1px solid">Nobidicus wrote:<br><br>>I was wondering too.<br>>This page, about the "M-3 massacre", is kind of entertaining in its <br>>own overheated way.  It's full of references to Corporatist Fascism,<br>>the Plunge Protection Team and Elliot Wave theory:<br>><br>>    <a href="http://www.safehaven.com/article-4108.htm">http://www.safehaven.com/article-4108.htm </a><br><br>Wow. It's always refreshing to see there are right-wing lunatics too.<br><br>Doug<br>___________________________________<br><a href="http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk">http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk </a><br></blockquote></div><br>