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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: 8bits who wrote (104323)8/8/2009 5:01:36 PM
From: Elroy Jetson1 Recommendation  Read Replies (1) | Respond to of 110194
 
Permanent Reserves are not related to the gold colored portion of your chart.

Rather than get confused, watch inflation. When real estate and commodity prices were quadrupling, that was inflation.

Yet now while the price of these items is collapsing, you're concerned with inflation. Its been said that magic is not possible without misdirection. I can see how meaningful that is.
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To: 8bits who wrote (104323)8/8/2009 5:35:45 PM
From: bart13  Read Replies (1) | Respond to of 110194
 
SOMA, or the System Open Market Account, is the measure of permanent reserves.



ny.frb.org

Long term: