Latest summary from John Williams with the real stats!
– Fed’s Expanded QE3 Has Monetized 78.4% of the Concurrent Increase in Treasury Debt
– Relationship of Post-2008 Monetary Base Activity to Broad Money Supply
– May Year-to-Year Inflation: 1.4% (CPI-U), 1.2% (CPI-W), 9.0% (ShadowStats)
– Real Retail Sales Still Signal Broad Economic Downturn
– Second-Quarter Housing Starts on Track for Quarterly Plunge
This is destined to be a classic. Rick Santelli Rages: “What Is Bernanke So Afraid Of?”
http://www.zerohedge.com/news/2013-06-19/rick-santelli-rages-what-bernanke-so-afraid
Comment by sw — June 19, 2013 @ 1:37 pm