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| Who's Money Printing Presses are Running Hotter? The USA or Euroland? |
| 2009-03-20 |
| Grace estimates the ECB has injected 2.1 trillion euros ($2.9 trillion) into the financial system, equal to 22.7 percent of the euro regionÂ’s gross domestic product, while the FedÂ’s $2.2 trillion is 15.5 percent of the U.S. economy. |
| Posted by:phil_b |
| #7 If you translate these percentages into vacuum inches of mercury, then you can easily see who sucks more at this point in time. ECB: 30 in-Hg x 0.227 => 6.81 inches of Hg USA: 30 in-Hg x 0.155 => 4.65 inches of Hg Now from a vacuum point of view, that sucks moderately. However, when you head up past 10 in-Hg you are getting into a zone of concern, and when you are at 20 is when the sucking sound becomes really noticeable. Keep reading the gauges, lads. It's just a small sucking sound now, but it could become the big vacuum easily. |
| Posted by: Alaska Paul 2009-03-20 18:48 |
| #6 U.S.A! U.S.A! U.S.A! |
| Posted by: DoDo 2009-03-20 11:58 |
| #5 A contest to see who can spark inflation the fastest and hardest? |
| Posted by: DarthVader 2009-03-20 09:47 |
| #4 We'll race ya to the bottom. |
| Posted by: bigjim-CA 2009-03-20 09:41 |
| #3 I think the Americans have an edge with the 'unofficial' outsourced production in Pyongyang. |
| Posted by: Procopius2k 2009-03-20 09:07 |
| #2 Exactly, gromguru. A battle to see who sucks less isn't fun for either participant. |
| Posted by: no mo uro 2009-03-20 06:42 |
| #1 Would I feel pride if I were an American? |
| Posted by: g(r)omgoru 2009-03-20 05:46 |