tag:blogger.com,1999:blog-7047259301600255203.post119095450682790375..comments2008-12-29T11:08:32.144-05:00Comments on Economic Depression Watch: Still way too much money sloshing around for a depressionJack Krupanskyhttp://www.blogger.com/profile/17254264642831755180noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7047259301600255203.post-68015332424543259152008-12-29T11:08:00.000-05:002008-12-29T11:08:00.000-05:00Hi Jack,I can't pretend to understand the signific...Hi Jack,<BR/>I can't pretend to understand the significance of having a sufficient money supply to the question of whether or not we'll see a depression--Zimbabwe has a massive money supply, but their dollar doesn't buy anything. The definition of depression is a bit vague--it seems to be simply a long and more severe recession. We've already seen four quarters of decline in GDP and the outlook does good for 2009. How will we dodge the bullet?Avrion Foshttps://www.blogger.com/profile/11426226754959104596noreply@blogger.com