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User Info Snatching Defeat From The Jaws Of Victory; entered at 2012-03-14 14:18:55
Lugnut
Posts: 347
Registered: 2008-09-24 New Jersey
"It's not money supply "per se"; the Fed mandate is in fact correct (regulation of money AND credit).

The problem is that as soon as you allow unbridled issuance of credit with nothing behind it, no matter who does it, you're ****ed. "

So Gen, how does that jive with Still's fiat monetary policy (If, indeed, I was understanding his stated position on money issuance correctly). Genuinely confused.
2012-03-14 14:18:55