Saturday, September 12, 2009

So how much money did the US Government print?

So there have been many articles about inflation. Comments that the US government has been printing money like drunken sailors, compared to Germany after world war 2 etc etc. I pose a question, do we know if they printed the money or not?

An observation from the Federal Reserve web site the following link and graph show that the fed put liquidity into the market and that most of it has now been returned. What I have not been able to determine is, whose balance sheet the shares in the banks, AIG and GM etc are represented? Wouldnt it be nice to see the USA's balance sheet and not just bits of data represented by journalists!

http://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

Choose one of 4 charts select the graph: Credit extended through Federal Reserve Liquidity Facilities

Aivars Lode

1 comment:

  1. I'm looking forward to a full scale audit of The Fed. After they stopped publishing the M3 figures, I got very interested in their activities!!

    Audit the Fed bills:
    HR 1207
    S 604

    If anyone is keen to it, give your Congress-folks a call tell them to support the bills!

    ReplyDelete