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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (16204)1/9/2009 2:20:11 PM
From: Real Man  Read Replies (1) | Respond to of 71456
 
Sure, but the currency component of adjusted monetary base
is about to soar. So far we had bank reserves soaring mostly,
which is what led to doubling of adjusted monetary
base (adjusted for bank reserves).
Don't get me wrong, direct printing was very significant,
but much less than the total. Perhaps, 50 bln. of 900 bln.