Current Events — HabitableZone

Current Events » in reply to The record of the Federal Reserve

As I recall...

....I found it rather disturbing that the M3, a measure of monetary supply, was no longer going to be reported. This was during the previous administration. Another door was locked in a long progression of economic opacity.

"So sorry, we can't tell you how many notes we're creating, 'cause even we can't keep up."

Yes, you are right, the ignorance is astounding. Remember the whole bi-metallism debate? Few even know what the hell that was about anymore; and yet, at the time, it was common discussion 'round the pot-belly stove. Funny how everyone's gonna be all freaking out about gold & silver again. (Especially silver) Cycles, ain't they fun?

Look again at TB's posted graph. How many executive administrations does that cover?

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