Monday, November 14, 2005


SOMETHING FISHY (WHAT'S NEW?) GOING ON AT THE FED


"On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars."

M3 being the amount of money the Fed is injecting into the US (and world) economy, why would these unelected but altruistic officials, whose only thought is for the little people, want to keep secret how many, many, many billions in fiat money they're injecting into the US (i.e., world) economy? (Japan publicly injected a few hundred billion dollars last year.)

Get ready for the world inflation war, folks.

For a broader take on this very important subject vis-a-vis your money

To say nothing of The fiscal hurricane on the horizon

Later (Nov. 18): More info on this and its effect on your pocketbook

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