Bernanke prints money day and night

The Federal Reserve of St. Louis has a horrifying graph of the monetary base.  After growing at a fairly steady pace since 1918, it spiked catastrophically in 2008, roughly doubling in less than a year.

ambns_max_630_378

Nothing remotely like this has ever happened before.  (In America, that is.)  We have some serious inflation in our future.

(Via the Corner.)

Leave a comment