The Wizzard of Oz? Don't look behind the curtain
Submitted by Rhythm322 on Mon, 07/07/2008 - 13:40
Anybody have a clue what to make of this... I'm very troubled:
http://research.stlouisfed.org/fred2/series/BOGNONBR?cid=50
http://research.stlouisfed.org/fred2/series/BORROW?cid=50
Here is one article/blog from WSJ I found on this. Since then, it has expanded from 2 Billion to 50 Billion:
http://blogs.wsj.com/economics/2008/02/08/non-borrowed-reser...
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I don't like the
look of those graphs. Peace
Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.
amazing
The whole ponzi scheme substituted for sound monetary policy looks to be upside-down and steadily imploding.
But that opinion is just "a superficial reading of the Fed’s statistical reports.” according to J.P. Morgan Chase, one of the prime stakeholders in the Federal Reserve Ponzi Scheme System.
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