Apr 25, 2009

Money Supply Update- Future Inflation growing stronger by the week

The FED released the money supply(monetary base: most conservative) numbers last night. It has reached 1.847 Trillion! Jan 08' this measure was 800 Billion. By the middle of June, the Base will be past 2.05 Trillion( the fed announced they will be buying 300 billion in treasuries). 

This, however, is the least of our problems believe it or not. The near 55 trillion of unfunded liabilities we will have by the end of 2011 makes hyperinflation more and more likely. I didn;t know it was possible to run the money supply more than 24/hrs a day.

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