The Street -
30 Jul 2014 20:42
NEW YORK (TheStreet) -- Last week the Federal Reserve published its aggregate reserves report, known as the H.3. On table 2 it shows the United States monetary system broke an ignominious record: The monetary base just barely topped the $4 trillion mark.We crossed the $2 trillion mark back on Jan. 12, 2011. In just over three and a half years, the Federal Reserve has literally doubled the monetary base. Take a deep breath. Granted, very little of this has entered circulation. Almost all of it ...
Share this Article