US Dollar Monetary Base: +358 Billion created out of nothing... in the last week only!
Is the Fed in emergency mode ?
Previous record of weekly increase was +244 Billion on November 12th 2008 - so, shortly after the Lehman Brothers bankruptcy.
Source: St-Louis Fed.
Another funny thing: a line was crossed: 2 ** 12 (=4096) Billion for the total monetary base.
This adds a new row to this chart, y-axis with logarithmic scale:
New project, started a few days ago: Project page here .
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