ADJUSTED MONETARY BASE CHART

Americans, your unelected overlords (e.g., Fed Chairman Bernanke) have achieved liftoff (and I'm afraid their destination is Dollar Destructionville).

This chart gives me the heebie jeebies. I could not BELIEVE it goes up that fast that far as it has in the past couple of weeks. And that is BEFORE the chart reflects the US$600 billion plus Bernanke flooded into the capital markets last week.

This is a very important statistic. I'm not competent to explain why, but I'm confident that that is a true statement. I look at this chart a few times a week, definitely every time it is updated I see it within a day or two.

By the way, they publish this chart here:

http://research.stlouisfed.org/publications/usfd/page3.pdf