Since the end of 2008, U.S. M2 increased 77 percent. Chinese M2 increased 300 percent. Only Turkey and Russia are in the ballpark and both of those currencies experienced major declines over the past several years.
Real GDP for the Fourth Quarter Revised Up, GDI Jumps
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The BEA revised fourth-quarter GDP from +3.2 Percent to +3.4 percent. Real
GDI was a whopping +4.8 percent but discrepancies remain and charts tell a
bette...
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