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Alasdair Macleod: Despite Fed's 'tapering,' money creation is still going strong
4:08p ET Friday, August 1, 2014
Dear Friend of GATA and Gold:
Despite the Federal Reserve's so-called tapering of its bond purchases, GoldMoney research director Alasdair Macleod reports today that his measure of fiat money quantity continues to grow at a frightening pace. Macleod's commentary is headlnied "USD FMQ Carries on Growing Despite Tapering" and it's posted at GoldMoney here:
http://www.goldmoney.com/research/analysis/usd-fmq-carries-on-growing-de...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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