Showing posts with label True Money Supply. Show all posts
Showing posts with label True Money Supply. Show all posts

Monday, July 14, 2008

TMS a better measure of the money supply?

What looks like an important idea and discussion of "True Money Supply" in Mish. I shall have to chew on it for a bit, but thought the finance-oriented reader might care to do the same.

Mish says when you look at the situation correctly, we are definitely in DEflation.