M magicdust Feb 27, 2008 #21 As Paul says, in the last two years total M3 (inferred by private sources) has gone from $10 trillion to $14 trillion. In the same time, EURUSD has gone from $1.17 to $1.50. The correlation is near perfect.
As Paul says, in the last two years total M3 (inferred by private sources) has gone from $10 trillion to $14 trillion. In the same time, EURUSD has gone from $1.17 to $1.50. The correlation is near perfect.
D daddyeaux Feb 27, 2008 #22 welp... Attachments m3b_long_term.png m3b_long_term.png 10.3 KB · Views: 42
