Two Amazing Charts

TedBits has given us two amazing charts that signal a a FED out of control. All of this money printed and yet little recovery in the economy.

M2

M2 up 200% in 10 years!  Base money supply up 500%! Do you really believe that PILE of worthless paper can be RESOLVED in a SAFE manner?   Do you think the value (purchasing power) of the dollars is worth the same as it was in 2000 (or is it down 50 to 80%)?  Do you think the value of a dollar has held constant after these moon shot of money printing?  Nominally (in fiat currency) they are approaching old highs, by this measure alone Banks are still down about 75% from those values.  Do you believe in the tooth fairy?  Santa Claus?

Discussion Area - Leave a Comment




Copyright © 2007 Mover Mike. Design by Anthony Baggett.


Fatal error: Call to undefined function is_sidebar1_page() in /homepages/7/d182093141/htdocs/movermike/wp-content/themes/networker-10/footer.php on line 13