Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ggersh who wrote (40308)	7/22/2011 11:01:33 PM
From: Real Man	2 Recommendations Read Replies (1) \| Respond to of 71475

OK, here is where the Bernank's money went. -g- Reserves at the Fed (Money the Bernank printed that sits idle at the Fed and did NOTHING as if it was NOT printed) Latest Data: 2011-07-13: 1679.201 billion Pre-crash: 2008-09-10: 9.020 billion Monetary base (chart below reserves) Latest data: 2011-07-13: 2725.303 billion Pre-crash: 2008-09-10: 874.796 billion Subtract: Latest data: 2011-07-13: 1046.102 billion Pre-crash: 2008-09-10: 865.778 billion Effect on monetary inflation since 2008 pre-crash (3 years) so far (cummulative): 20.8% , rough monetary inflation rate: 6.9%. Official inflation: 3.7%, Shadow government statistics (lies excluded): ~11%

To: ggersh who wrote (40308)	7/22/2011 11:13:55 PM
From: Real Man	1 Recommendation Read Replies (1) \| Respond to of 71475

Tentative hypothesis of mine: Banks got the cash, but don't use it and it sits at the Fed. Printing is irrelevant now, because bank already got hoards of cash they don't use and they need no more. They control the vertical, and they control the horizontal when it comes to the DOW and SPOO. Might even be correct? Maybe, maybe not. -g-