Can anyone tell me what the line represents in terms of the U.S. economy?
Is it printed money?
I do SEE that the line starts going up about the same time the market started tanking hard.
And Bernanke & Paulson were on TV everyday .. that was late summer, early Fall.
I thought the FED quit keeping stats on dollars about 4 years ago.
They are financing the debt with T-bills witch the whole world is buying up, go figure.
I urge you to read John Mauldin over at Investor Insights, he puts out a free weekly news letter, you can scann through all of his archives on line he nailed the sup prime in July of 07. This is real Macro and Global stuff.
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