94 Days Of Monetary Madness—The Root Of America’s Impending Fiscal Calamity, Part 1
During 94 days of sheer monetary madness in the aftermath of the stock market meltdown of September 2008, the Bernanke Fed printed 145% more balance sheet (money) than the nation’s central bank had accumulated during its entire first 94 years of operation. In dollar terms, its footings went from $925 billion to $2.25 trillion in virtually a monetary heartbeat. Naturally, […]