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Monday, March 28, 2011

OMG Another Hockey Stick

I doubt you will see this chart in the mainstream media any time soon... if EVER.....This is a chart of the US monetary base. In simple terms, it charts how much money the Fed has pumped into the system (at least that it admits). So it’s a kind of visual of the Fed hitting the PANIC button: when the monetary base explodes higher, the Fed is FREAKING out.

 

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