I have been keeping an eye on the FRED graph for the last 12-18 months. This is graph of the bank credit of all commercial banks.
Strangely it has just shot up suddenly and very powerfully!
What it means I don't know exactly. Anyone know what is going on?
Link -
http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=TOTBKCR&s[1][range]=1yr
cold thursday , page-77
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