Look at what has happened to the 'monetary base' at the start of 2011.
No, this is not QE2...that would have shown up on this chart in late 2010.
Something BIG is happening 'behind the scenes' and the FED is freaking out.
Whatever it is, it's NOT good.
And, while you will NOT see this Dollar chart anytime soon on the evening news or FTV, our Treasury Secretary Timmy and our FED Chairman Benny certainly are fully aware and KNOW exactly what this means...........they're just not saying while pretending that everything will be "allright" along with all of the teleprompter readers from Katie Couric to Barry Soetoro.
Significant damage has been done, but John Q. Public hasn't figured out the details (or the impact) quite yet.
Sunday, 27 March 2011
Something BIG?...........from Rico
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1 comment:
It's quite simple really. Barry has quietly ordered the FED to start printing money like crazy to cover the debt. The leftists in control are going "Full Wiemar Republic" on the American economy because they have absolutely no idea what they are doing and they actually think it will work "this time".
All I can say is: Prepare for the worst.
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