So the Federal Reserve Board decided to hold interest rates steady.  I am not an economist.  But I will continue to point out that no one seems able to measure money supply (too much of it is what causes inflation.)  However, one of the best symptoms of excess money supply is when you see tangible assets (like commodity prices) rising (to paraphrase a comment made by First Trust’s Chief Economist Brian Wesbury on CNBC several months ago.) 

And I don’t want people to forget that 5 years ago the U.S. dollar would get me 1.10 Euros.  Today it will get me 0.74.  This means I can only get about sixty-seven cents on every dollar I would convert in Europe just 5 years ago.  ...

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