Showing posts with label m3. Show all posts
Showing posts with label m3. Show all posts

October 20, 2007

The US Government, taking you for fools, stopped publishing the money supply figures (M3) a year and a half ago. Now we know why.


The government truly takes the governed for fools in America today.

Sadly, in most cases, they're right.

For the informed, here's M3 reconstructed. And it's ugly. REALLY ugly.

I remember the day the government stopped publishing M3 (March 23, 2006). Hardly a story to be found in the MSM. Of course, we made a big deal out of it. Looking back since then, I should have continued to make a big deal out of it. So now I will.

Because Ben Bernanke hates you.

July 03, 2007

WARNING: The US Government does not want you to see these numbers

Proceed at your own risk, as ignorance is bliss... And get ready...

Here's M3 Money Supply reconstructed. Yes, the M3 that the Fed stopped publishing last year. Why did they stop publishing it? You need to ask?



And here's inflation based on the components that used to measure inflation as recently as 1990, before the government decided to change things around to hide what was really happening.

Remember, they base benefits payouts and raises based on inflation, so it's in their (and our) best interests (to avoid going insolvent, raising taxes or printing more money) to keep the "official" inflation reading low, even though we all know damn well things are WAY more expensive now than they were a year or two ago. Watch for inflation to remain tame as rents plummet with the oversupply of housing and economy softening.