Four Charts of Interest on Fed-Speak Day

[Crewleader]

(March 13, 2012)

We interrupt the regularly scheduled Part 2 of Money from Nothing to post four charts of interest on Fed-Speak day. Part 2 will be published tomorrow, Wednesday.

Here are four charts to ponder on Fed-Speak Day, the devotional time set aside to reassure us that all is well due to the god-like competence of the Federal Reserve. Let's start with a chart of M2 money supply, i.e. "Fed printing." Note that the "recovery" was so strong and self-sustaining in 2010 that the Fed had to goose money supply as frantically as it did in the global financial meltdown of 2008. We'd hate to see how much they'd have to print if we (gasp) ever had another recession....

http://www.oftwominds.com/blogmar12/4charts-Fed3-12.html

[banned from Kos]

1. Ahh looking at chart #1 what is remarkable is how LITTLE the Fed goosed M2

during the Great Depression II in 2008-09.

10% is all?

Not even a swig on the Red Bull.