Dec

15

In looking for major lessons for a lifetime beyond the day I thought of how the moves in gold and grains up, even bonds preceded the debacle in stocks and oil. I found this version of the predictive power of the quantity theory relatively accessible and also good for separating out the long term and short term properties of the growth of money supply. It could be simplified for reasonable short term predictivity.


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  1. luis on December 15, 2014 6:06 pm

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