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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (5995)4/8/2008 2:30:15 PM
From: Tommaso  Read Replies (1) of 71475
 
I did find a bigger money-supply spike than what has recently occurred: it was immediately after the 9/11/01 Trade Center attack. See page 6, where the asterisk indicates the anomaly.

research.stlouisfed.org

So it seems the Fed feels we are in the middle of a similar national crisis.

I think the Fed is overloaded with economic historicists who think in terms of bank runs, bank failures, and panic and are themselves easily panicked.
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