Debt

UPDATE – THE END OF AN ERA

For 10 years now we have religiously brought you the total money supply. Now the Fed won’t tell us anymore. On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following [...]

New Records for Money Supply and Debt

08/19/2006 Total Gov’t Debt $8,416,040,539,137.12 08/19/2006 Money Supply $11,040,192,336,641.00   Speculators are dumping dollar-denominated debt, and money into local-currency government bonds in developing countries, according to the Wall Street Journal. Hedge funds, among others, are [...]

New Records for Money Supply and Debt 2006 2nd Quarter

05/19/2006 Total Gov’t Debt $8,364,078,118,387.76 05/19/2006 Money Supply $10,840,192,336,641.00   Okay, I am going to do my own math. As you may recall the Fed is no longer providing us with the information necessary to compile the Money Supply Figures. While the Total Debt is still [...]

THE END OF AN ERA

For ten years now we have religiously brought you the Money Supply figures. We regret that we will be unable to do so. Not because we are lazy, but because the Fed has announced the Discontinuance of M3 reporting. On March 23, 2006, the Board of Governors of the Federal Reserve System will cease [...]

Sharing The Cost of Katrina

As we end this quarter, all eyes are on the hurricane victims and the aid they will receive. No doubt the American people will be generous. We have seen an outpouring of charity unmatched in the annals of American munificence. Not to be outdone, Congress got into the act with an initial $10.8 [...]
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