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Reply #47: If we had been monetizing, you would expect a marked increase in excess reserves. [View All]

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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-16-11 04:33 PM
Response to Reply #45
47. If we had been monetizing, you would expect a marked increase in excess reserves.
Edited on Fri Sep-16-11 04:42 PM by girl gone mad
Your graphs don't cover the years in question. You specifically mentioned the 70s and 1980-1983.

We had inflation, but there is no indication that it was caused by the government pumping money into the economy.
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