Oct
13
The Fed’s Monetary Base Numbers, by Dr. William Rafter
October 13, 2006 |
The Fed's Monetary Base numbers just released (through October 11, 2006) show that the Fed continues to have a restrictive policy. Specifically, at this time the Monetary Base is over 4 percent below the long term fit of that data (since inception in 1984. Here's a picture.
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