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Latest Money supply Stories

2010-06-10 18:09:00

FORT LEE, N.J., June 10 /PRNewswire/ -- The National Inflation Association today announced three shocking new NIAnswers that it has added into its database at http://inflation.us: How come there is so much confusion in the world about the definition of inflation? If inflation is an increase in the money supply, then aren't we currently seeing deflation since the M3 money supply is contracting? NIA's simple definition of inflation is the printing of money. It is the government and the...

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2009-02-18 15:15:00

The Bank of England is likely to begin printing money to ward off deflation, a leading British economist said. The question is when will -- rather than will -- the Bank of England engage in quantitative easing, Howard Archer, chief economist at HIS Global Insight said to The Times of London. Minutes from the most recent Monetary Policy Committee meeting show the nine committee members agreed bank Gov. Mervyn King should write Chancellor of the Exchequer Alistair Darling to seek permission to...

2009-02-12 15:30:00

SACRAMENTO, Calif., Feb. 12 /PRNewswire-FirstCall/ -- GenCorp Inc. (NYSE: GY) today reported results for the fourth quarter and fiscal year ended November 30, 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20010108/SFM125LOGO) Sales for the fourth quarter of 2008 totaled $198.5 million compared to $203.8 million for the fourth quarter of 2007. Sales for 2008 were $742.3 million compared to $745.4 in 2007. Net loss for the fourth quarter of 2008 was $5.7 million, or...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.