[ExI] M0 singularity... you're soaking in it

[MB]

>
> M0 has gone parabolic! Year-over-year in December 2008, it was up
> 98.9%! This is so shocking it defies belief. In late September as the
> stock panic started, it had grown by 9.9% over the past year. By
> October, this rate ballooned to an all-time high of 36.7%. In
> November, it rocketed again to 73.0%. And in December, it surged up
> to the staggering 98.9% you can see above. Ben Bernanke's Fed has
> doubled the monetary base in a single year! Holy cow. >
>

:)  This is, IIUC, why the so called "lunatic fringe" continue to rage on about
tying the money supply to gold.


Regards,
MB