MZM YoY growth reaches 0%

[Daal]

This means that in the last 12 months there was a zero increase in the liquid stuff that can actually generate inflation, despite all the Fed bashing about money printing. MZM used to be one of Ron Paul's favorites to bash Bernanke, I'm sure he will conveniently 'forget' about this one and switch to the monetary base
http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=MZM&s[1][transformation]=pc1

 

[nazzdack]

Quote from Daal:
.....liquid stuff that can actually generate inflation.....

If lending picks up, then inflation and Fed Funds can go up. :eek:

 

[Daal]

Surprise surprise, Paul grilled Bernanke saying monetary base is too high and he might fail in bringing that down