Skip to comments.
Monetary Base jumps 500%
St. Louis Fed | Economic Research ^
| 2008-09-24
| St. Louis Fed
Posted on 10/03/2008 8:20:31 AM PDT by Santiago de la Vega
Monetary base jumps to 939.472 from 874.750 for two week period.
From September 10 till the 24th the Fed added nearly $65 billion dollars in High Powered money.
At an annual rate, this is a jump of more than 500%.
TOPICS: Business/Economy; Government
KEYWORDS: fed; inflation; monetarybase; moneysupply
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80 ... 101-118 next last
The Fed is trying to alleviate the problems faced by the banking system.
To: Santiago de la Vega
2
posted on
10/03/2008 8:22:29 AM PDT
by
sickoflibs
(What's Next ?? the feds buy up GM stock to save the economy??)
To: Santiago de la Vega
jumps to 939.472 from 874.750 for two week period Must be new math. That's not a 500% increase.
Oh! I see! If this rate of increase continued, it would be an annual rate of 500%! Oh! That's different!
Saaaaaaaaaay ... what would the rate be if this continued for the next 10 years?
3
posted on
10/03/2008 8:23:52 AM PDT
by
ClearCase_guy
(I ain't gonna quit until I'm laid in my tomb and even then they better shut it tight.)
To: Santiago de la Vega
4
posted on
10/03/2008 8:23:54 AM PDT
by
Paladin2
(Palin for President! (PUMA))
To: sickoflibs
No, the Feds should just buy up all the “surplus cars” that GM and Ford can manage to produce.
5
posted on
10/03/2008 8:24:29 AM PDT
by
Boiling Pots
(Hey B. Hussein, are you going to prosecute me now?)
To: Santiago de la Vega
6
posted on
10/03/2008 8:27:16 AM PDT
by
SeeSharp
To: Santiago de la Vega
I don’t think people realize just how much the Fed needs to pump liquidity in the short run. There are hundreds of businesses and corporations that depend on short term debt and commercial paper for their working capital. Whole solid businesses are close to bankruptcy solely because of the lack of liquidity.
To: Santiago de la Vega
Those who know not history, are doomed to repeat it.
8
posted on
10/03/2008 8:27:45 AM PDT
by
OB1kNOb
(The Late Great Nation USA.)
To: Santiago de la Vega
"The Fed is trying to alleviate the problems created by the banking system. By creating hyper inflation, look forward to $8 a gallon gas and exhorbarant prices at the supermarket. I fixed your errors for you.
9
posted on
10/03/2008 8:31:24 AM PDT
by
Tempest
(http://www.youtube.com/watch?v=gNlXgzzdJQA)
To: Santiago de la Vega
Maybe we should invest in Zimbabwe dollars.
10
posted on
10/03/2008 8:32:09 AM PDT
by
Ruy Dias de Bivar
(We're not supporting clean coal --- Joe Biden)
To: Boiling Pots
Hey! Mayeb thats the way to look at this mess! The Fed is going to buy up houses the way the government buys up corn and wheat farmers DO NOT produce
11
posted on
10/03/2008 8:32:21 AM PDT
by
Mr. K
(Some days even my lucky rocketship underpants don't help)
To: Boiling Pots
"No, the Feds should just buy up all the “surplus cars” that GM and Ford can manage to produce." Why not. They are doing it with cheese. There are factories that make cheese that sell everything they make to the government. The government puts it in storage and pays hundreds of million annually in storage costs. When the cheese is close to being bad, they give it away.
12
posted on
10/03/2008 8:33:18 AM PDT
by
blam
To: Santiago de la Vega
Talk about a misleading title.
To: winner3000
The is no reason for the bailout.
This bailout among other actions will put us in to hyper-inflation combined with soon to be double diget interest rates and double diget unemployment rates.
Worse part is the laws that brought this problem about are not only still on the books but have been reinforced in the bailout bill.
No consernative would support this bill.
The passage of this bill is a mortal wound to the free markets here in the US.
14
posted on
10/03/2008 8:37:50 AM PDT
by
stockpirate
(October 1, 2008-the day McCain lost my vote, I'm now voting Sarah Barracuda)
To: winner3000
This is simply a game of chicken between the banks and Gub’ment. Backdoor Barney told them to make the loans and the socialists in our Gub’ment would force the lunkheaded masses to pay for it. BROKE AND FREE... BROKE AND FREE!!
15
posted on
10/03/2008 8:38:30 AM PDT
by
Camel Joe
(liberal=socialist=royalist/imperialist pawn=enemy of Freedom)
To: Santiago de la Vega
16
posted on
10/03/2008 8:40:28 AM PDT
by
ari-freedom
(Betcha they're good. Why shouldn't they be? Their one mistake was giving up me!)
To: OB1kNOb
The current crisis is wildly DEflationary. The economy is facing violent contractions and can absorb all this money and more.
17
posted on
10/03/2008 8:40:48 AM PDT
by
Petronski
(Please pray for the success of McCain and Palin. Every day, whenever you pray.)
To: Toddsterpatriot; Mase; expat_panama
You notice anything funny about the headline versus the body?
18
posted on
10/03/2008 8:41:03 AM PDT
by
1rudeboy
To: Petronski
not when gold is $847 an ounce
19
posted on
10/03/2008 8:44:55 AM PDT
by
ari-freedom
(Betcha they're good. Why shouldn't they be? Their one mistake was giving up me!)
To: 1rudeboy
You notice anything funny about the headline versus the body? You mean that it's an actual increase of 7.4% but that the author annualized it and still missed the math?
20
posted on
10/03/2008 8:55:04 AM PDT
by
groanup
(Does all of Wall Street get on the gov't pension plan now?)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-60, 61-80 ... 101-118 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson
