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To: Trumptown who wrote (391627)8/3/2009 1:09:03 PM
From: Real Man  Read Replies (2) | Respond to of 436258
 
That chart is not as relevant as actual printing. It includes
reserves that banks choose to keep at the Fed and not lend,
which would actually be deflationary, and it was last Fall.

Try 1.5 Trln. printed by December (the announced QE program) and 14 Trln. in
guarantees, as the Fed gets to be the failed counterparty once
the treasury takes over AIG and the ilk. Then you easily arrive
to Zimbabwization of the nation.