Did FED just cut?

there are some sites that compile the data using several Fed. district sources and it's no wonder why the Fed. doesn't like the numbers ............

they cant print dollars quick enough to try to stave off the coming financial collapse..........an opinion of course....... but hundreds of billions of nominal value SIV-CDO-CMOs have no bid.....

the black line on the graph is their compilation of the data...dyodd

http://www.nowandfutures.com/key_stats.html
 
Great site, thanks for that.

It is getting rather incredible, not only the extend in which this hollowing-out takes place, but also how they can get away with it. Apparently there is no politician able to see through this or willing to expose the fraud.

"If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered."

Thomas Jefferson
 
great site, thanks for the link, too bad all it does is reaffirm that the Fed have lost any link with reality! Surely those M3 numbers are absolutely horrific..?
 
Quote from MajorUrsa:

In normal times a moderate inflation is best for ecomomic growth and thus for the controlling banks. In those periods it makes good sense to use i-rates to control the growth. It is also easily explained to the public and gives the FED a sort of dont-worry-your-gov-knows-what-its doing image. Most people dont know that the FED is not the government.
When, by accident or intentionally, ridiculous new administration enters the WhiteHouse and starts to grossly mismanage the country and enters an (illegal) war that can never ever be payed for, the FED, on behalve of the controlling banks, grabs the reigns and does whatever it sees best for the purposes of them banks.
In this case, globalization forces them to spread their wings and they may decide that a total ecomic crisis, like 1907 and 1929, is in the best interest of the banks. It will hurt, but they will own more after the smoke has cleared. And that is the ONLY motive.

very nice post Ursa................spot on,as usual.
 
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