M3 I'm talking about doesn't have a sunroof or 5 speed transmission. This M3 is probably the reason we have killed somewhere between 100,000 and 200,000 Iraqis according to human rights groups and to date, more than 2300 US soldiers. M3 is the reason Iranian civilians might be the next to ones to die.
M1 is the amount of currency in circulation. Actual dollars and coin.
M2 is M1 plus checking accounts, money market accounts and CDs under $100,000
M3 is M2 plus all larger holdings and deposits of dollars, plus all eurodollars, and most non-European nations reserve dollar holdings.
M3 reporting was officially discontinued by the Fed on November 10th of this year. A Fed spokesman had this to say, "M3 does not appear to convey any additional information about economic activity that is not already emodied in M2". Without M3 there will be no clear way of measuring the holdings, or lack thereof, of the dollar by countries outside the United States.
Jeff Vail speculates on the Iranian angle. I'm sure some are going to say this is being done so that the PPT can now work their magic globally, propping up the dollar and stretching out US hegemony over global markets for a while longer.
GoldPricel.org asks a logical and fair question, "what does the Fed have to hide in the near future?"
Let No One Speak A Harsh Word of The Atlanta Journal and Constitution
where only the highest journalistic standards are in play. While Georgia has some of the nation's lowest education levels, poverty is rampant in Atlanta and a transportation subsidy of 1.4 billion is in the works, this is the kind of 'information' Atlantans are made privy to by Atlanta's flagship paper.
Airfare Contest Is A Lot To Swallow
Don't laugh. Aren't there other local events more important than this? And how contemptuous of its readership must the AJC be to expect people to pay for Wendy's ads passed of as serious journalism?
This, amplified to hundreds of major newspapers across the country, is why we government is unresponsive, the debt is so high and why we have US soldiers in the desert killing and waiting to be killed.
Willed ignorance from on high.
Wouldn't it be great to boycott the AJC and others like it until they actually printed news? Now that would be something.
Airfare Contest Is A Lot To Swallow
Don't laugh. Aren't there other local events more important than this? And how contemptuous of its readership must the AJC be to expect people to pay for Wendy's ads passed of as serious journalism?
This, amplified to hundreds of major newspapers across the country, is why we government is unresponsive, the debt is so high and why we have US soldiers in the desert killing and waiting to be killed.
Willed ignorance from on high.
Wouldn't it be great to boycott the AJC and others like it until they actually printed news? Now that would be something.