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To: MythMan who wrote (414576)	4/18/2011 4:36:06 PM
From: Real Man	Respond to of 436258

We are being Zimbabwized, the only reasonable answer. Got gold?

To: MythMan who wrote (414576)	4/18/2011 5:32:24 PM
From: Real Man	Read Replies (2) \| Respond to of 436258

It seems ZH has confused the sign, just as I did in 2008. -g- These are reserve balances for banks with the Fed, a component of monetary base. It means banks take Fed's money and put them in reserves back at the Fed, so they don't flow into the economy. There must be something wrong with the banks again, a second wave? Reserve balances with the Fed should be taken with a negative sign, while Fed printing with a positive sign. In other words, the Fed is printing, but the banks are not lending the printed money, they just put them back into the Fed. Pretty much all of it. -g-