Wednesday 23 January 2013

Monetary Base and $PoG

(Click for a larger image)

Operation Twist didn't expand the monetary base — unlike TARP, QE1, QE2, QE3 and QE4. Without base expansion, we see deflation.


disqus_iBdLI6rwXG said...

U r fast :o)

DP said...

So fast that nobody can yet see the proof. ;o)

DP said...

Update? Make it easy on yourself

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