Wall Street Stole My Smart Friends

Re:Wall Street Stole My Smart Friends by kingkongrevenge on Saturday March 29, 2008 @10:23PM (#149819)

Speculative bubbles have always and everywhere been about inflation of the money supply. Dutch tulips, south sea bubble, mississippi company, 20s stocks, nikkei, dot coms -- it's ALWAYS been about the money supply.

Here is why finance has changed so much and become such a big deal since the early 90s: http://www.mises.org/content/nofed/makegraph.php?tms=true...

[ Parent | on HN ]

Re:Wall Street Stole My Smart Friends by vlad on Sunday March 30, 2008 @11:52AM (#150158)

What change does the graph illustrate? Each 10 year period is double what it was before. It's not a linear function but it wasn't in the first place. Thanks.

[ Parent | on HN ]

Re:Wall Street Stole My Smart Friends by kingkongrevenge on Sunday March 30, 2008 @12:49PM (#150213)

There is an inflection point in 1995 when reserve requirements were dramatically lowered, permanently as it turned out.

[ Parent | on HN ]

Re:Wall Street Stole My Smart Friends by ctkrohn on Saturday March 29, 2008 @10:30PM (#149824)

What's the methodology and data behind that graph? The fact that it refers to "True Money Supply" rather than established measures like M1, M2, M3 has me rather skeptical.

[ Parent | on HN ]

Re:Wall Street Stole My Smart Friends by astine on Saturday March 29, 2008 @11:04PM (#149835)

I did a search and found the chart in context:

http://www.mises.org/content/nofed/chart.aspx?series=TMS

The TMS is heterodox measure, but it has been in use for years.

[ Parent | on HN ]