Submitted by Jive_Dadson on Tue, 09/01/2009 - 20:51.
According to shadowstats.com, both M2 and M3 are still growing (as of Aug 15). However the rate of growth has retreated from the staggering 17% annualized of a few months ago down to 5% (M3) and 8% (M2).
But base money is another matter entirely. As the other rates of money supply increase have dropped, the rate of M1 increase has risen to 17% annualized. That new money is just sitting in the banks like a unexploded bombs.
Submitted by Jive_Dadson on Tue, 09/01/2009 - 20:28.
There is a reason that the Fed quit publishing M3. M3 accounted for dollars held in institutions overseas. The Fed has increased those Euro-dollars enormously through currency swaps. Look at the Fed's balance sheet. It's hard for them to conceal the top line numbers.
I subscribe to shadowstats.com. That's where you can get the bird's eye lowdown on this caper.
Money supply still growing
According to shadowstats.com, both M2 and M3 are still growing (as of Aug 15). However the rate of growth has retreated from the staggering 17% annualized of a few months ago down to 5% (M3) and 8% (M2).
But base money is another matter entirely. As the other rates of money supply increase have dropped, the rate of M1 increase has risen to 17% annualized. That new money is just sitting in the banks like a unexploded bombs.
Show me the (foreign) money
There is a reason that the Fed quit publishing M3. M3 accounted for dollars held in institutions overseas. The Fed has increased those Euro-dollars enormously through currency swaps. Look at the Fed's balance sheet. It's hard for them to conceal the top line numbers.
I subscribe to shadowstats.com. That's where you can get the bird's eye lowdown on this caper.
Fed loaned $553 billion to
Fed loaned $553 billion to foreign lending institutions:
Alan Grayson grills Ben Bernanke on Foreign Lending
http://www.youtube.com/watch?v=FUUSWz_Y_Ws
Substantial Penalty for Early Withdrawl
Think "1937."
(They're playing with fire.)
Ron Paul Explorer: The All Paul Search Engine
Of course it is ...
They started doing this the minute they allowed GS JPM to pay back the TARP.
That was the strategy all along.
Why else would they not allow them to pay it back until the FED allowed it?
WAHOR!!
http://www.dailypaul.com/node/48994
WAHOR!!
http://www.dailypaul.com/node/48994