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

MB mbb386 at main.nc.us
Sun Jan 25 13:51:49 UTC 2009

> 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.


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