Adjusted Monetary Base
And speaking of sucking, how about this chart? Check out that huge spike at the end -- as big as Greenspan's Y2K money supply surge.
There is an inflationary spike somewhere out there, once we get through this massive deflationary period.
Here is the longer term view:
Notice how this spike dwarfs 2001 post 9/11
Research Division of the Federal Reserve Bank of St. Louis
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Can anyone compare the current changes in the Adjusted Monetary Base with those that preceded the stagflation of the 70's?
Posted by: EDF | Oct 25, 2008 3:09:17 PM
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