Saturday, August 30, 2008

What bankers don't know about banking - or do they?

Those red and blue lines remind me of the song, Me And My Shadow.

This is from Mark Lundeen's 12 August essay on banking and inflation (htp: The Mogambo Guru). And here's another graph from the same:

(Is it my imagination, or does the curve begin in the 60s?)
Should we call the credit crunch the Shawshank Recession?

3 comments:

  1. James Higham30 August 2008 at 13:20

    If you accept some form of predetermination in this [FOMC etc.] then it is of little surprise this goes way back.

    Of course, if you don't accept that, well, other theories must be formulated.

    ReplyDelete
  2. AntiCitizenOne30 August 2008 at 23:25

    Notice it topping off?

    What if it reverts to mean?

    Money supply could HALVE by 2015.

    ReplyDelete
  3. Sackerson31 August 2008 at 09:02

    You're a cashophile, too?

    ReplyDelete

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