www.federalreserve.gov...
Fed report
Reserves of depository institutions
Sep07 +$41,101,000,000
Oct07 +42,182,000,000
Nov07 +42,285,000,000
Dec07 +27,244,000,000
Jan08 -3,510,000,000
Feb08 -17,353,000,000
Mar08 -50,232,000,000
Apr08 -91,847,000,000
May08 -111,648,000,000
Jun08 -127,905,000,000
Jul08 -122,316,000,000
Aug08 -123,492,000,000
Sep08 -187,309,000,000
Oct08 -363,137,000,000 (preliminary)
Federal Reserve graph not yet updated to show the big October drop.
research.stlouisfed.org...
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Quit disturbing when shown on a graph. Doesn't take a genius to see some serious inflation problems heading our way.
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Originally posted by Anonymous Avatar
Quit disturbing when shown on a graph. Doesn't take a genius to see some serious inflation problems heading our way.
On the contrary. This is actually deflationary big time. I said in another thread and Ill repeat in this one. The losses of the banks are in the
trillions and not just on subprime. These losses are causing a big deflationary problem right now. But if the government keeps printing like it has
to fill the gap which is obviously their strategy then yes inflation will come and come hard. Gold and guns folks
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Sweet Jesus, it's like it fell off a cliff.
Look at the monetary base.
Aug 13 - $841.760B
Aug 27 - $841.074B
Sept 10 - $843.773B
Sept 24 - $911.454B
Oct 8 - $984.717B
$73.263B has been "printed" in the last 2 weeks!
They're trying to combat the massive deflation with massive INflation. Good lord!
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