Back of the envelope calculation fridge: "Now in 1932 the M1 money supply was $20 billion. The American population in 1932 was 125 million and now it is 270 million. This provides a factor of 270/125 = 2.16. If the old M1 was good enough for Americans in 1932, then perhaps it would be good enough for Americans of today. There are more of us, so I?ll multiply 20 x 2.16 = $43.2 billion." some very old info on Next/OpenStep Ash: no kidding Impatient introduction to Perl simmo: also available as pdf Mexico to decriminalize pot, cocaine and heroin Ash: matthew^ announces plans to move to Mexico City |