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Comment: World [fiat] money supply has exploded
World [fiat] money supply has exploded
[See] Chart(s) Of The Day: Follow Where The Money Was, Is, And Will (Not) Be
Submitted by Tyler Durden on 04/26/2012 11:21 -0400
http://www.zerohedge.com/news/charts-day-follow-where-money-...
There is no shortage of money in the world. Thanks to global Central Banks' extreme activism money supply has exploded. Since August 2011, the Fed has been less of a full-time player in this effort but in passing the baton, the rest of the world did not let them down with most notably the ECB having taken over with its own version of free-money printing for much of the first quarter - driving the ratio of outside (central-bank-driven) money relative to inside (the bank themselves creating money via credit) to record highs as a stealth nationalization of credit is underway (though as we noted earlier this morning - the transmission mechanism is not working). So where oh where is all that hard-earned free-money going?
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