Thanks for the comment. That's a very telling chart, isn't it. This 'economic recovery' spin we've been fed is a farce.
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Thanks for the comment. That's a very telling chart, isn't it. This 'economic recovery' spin we've been fed is a farce.
A look at the monetary base has me even more concerned. We have all been participating in a grand experiment, courtesy of the federal reserve. https://fred.stlouisfed.org/series/BOGMBASE
Wow. It's too surreal, it's almost funny. It's a Bizarro world.