what's the fed up to with the money supply?

WHAT'S THE FED UP TO WITH THE MONEY SUPPLY?
by Robert McHugh, Ph.D.

http://www.financialsense.com/fsu/editorials/mchugh/2005/1226.html

Comment: Yes, Bernanke is reducing value of debt by sharply increasing the money supply-as predicted previously.

Financial Sense mentioned that some time ago, the M3 money supply was running at a fast annual clip of +10%.

Seems that we are running between 15% -20% now.

Anyway, Bernanke can always blame Greenspan when things are going wrong.

We are in for a bout of price inflation; it is no use hiding the M3 data in March. However, the CPI and GDP are being falsified anyway.

No modern self respecting country will hide its M3 data.

The time has arrived when anything unpleasant is either falsified or hidden. Very little trustworthy facts come from the FED nowadays.

What must other countries think? And what will the US' creditors think?


What does all this mean for Gold?

I won't be selling mine!

Gerry