Celcius

Quantitative Easing: Money Supply Is Actually Decreasing

It's convenient to only use M2, but M3 is a better measurement of the money supply. I find it fascinating that the FED removed M3 during the Bush War on Terror years to hide inflation. The market is the best determinate of the dollars value, and the USD/EURO just had one of the biggest jumps in over 30 years. We will Quantitative Ease our way into the poor house as commodity prices go through the roof.