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Bank Of England Didn't Mention M4

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First post,

Been reading HPC for many months...

Noticed that the July Bank of England report made no mention of M4 growth. Checking back, each previous report had included this measure.

I find that a little surprising given that there has been a lot in the media about money supply growth over past weeks.

I did notice some weasel words about

"The Quarterly National Accounts had contained fewer and smaller substantive revisions than

normal at this time of year, as the full reconciliation and updating exercise had been postponed for a

year, given other priorities at the Office for National Statistics."

Wonder what they have to do that is more important? Perhaps all their computers are taken up with devising a new CPI measure, or maybe they have finally realised their data is all rubbish?

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First post,

Been reading HPC for many months...

Noticed that the July Bank of England report made no mention of M4 growth. Checking back, each previous report had included this measure.

I find that a little surprising given that there has been a lot in the media about money supply growth over past weeks.

I did notice some weasel words about

"The Quarterly National Accounts had contained fewer and smaller substantive revisions than

normal at this time of year, as the full reconciliation and updating exercise had been postponed for a

year, given other priorities at the Office for National Statistics."

Wonder what they have to do that is more important? Perhaps all their computers are taken up with devising a new CPI measure, or maybe they have finally realised their data is all rubbish?

Nevermind the M4, what the M11 and A14, got stuck on it for 4 hours once because of an overturned lorry full of cuddly toys, not funny.

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First post,

Been reading HPC for many months...

Noticed that the July Bank of England report made no mention of M4 growth. Checking back, each previous report had included this measure.

I find that a little surprising given that there has been a lot in the media about money supply growth over past weeks.

I did notice some weasel words about

"The Quarterly National Accounts had contained fewer and smaller substantive revisions than

normal at this time of year, as the full reconciliation and updating exercise had been postponed for a

year, given other priorities at the Office for National Statistics."

Wonder what they have to do that is more important? Perhaps all their computers are taken up with devising a new CPI measure, or maybe they have finally realised their data is all rubbish?

interesting development - the US stopped publishing M3 dollar money supply figures last year iirc

we could be looking at massive global fiat money supply expansion to kurb a possible worldwide recession - if so inflation will continue to rise

inflation and wage restrictions will continue to decimate peoples living standards

this might also explain why governments are using the 'war on terror' hoax to create effective police states through new legistlation/systems/technologies - they are expecting trouble from the population in the near future...

Edited by dnd

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