The monetary base (MB) was $1,686,386 million on 31 December 2008, and $843,841 million on 10 September 2008, a 99.85% increase in 16 weeks, which compounds to an 850% annual rate. I say again, what are the deflationistas talking about?
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2 comments:
Get out your wheelbarrows...
IA
How about adding some zeros?
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