Due to an ongoing health crisis in the family, blogging will be 'on and off' as time and circumstances permit for the foreseeable future. I also beg your indulgence if I am slow in responding to emails. New posts will appear below this notice.

Saturday, March 27, 2010

What do you see?

US Money supply 1998-2009
(click for full size)

What does this bring to mind?

When I look at this chart I feel myself sucked into a time warp. Suddenly it's 1972. Everyone is throwing a big party. The good times are rolling. But on the bridge I see Leslie Nielson looking through his binoculars at a massive wall of liquidity steam rolling towards him and his ship...

3 comments:

Tregonsee said...

Egad, was Ernie Borgnine ever that young?

Tom (St. Louis) said...

This is truly sobering. It would appear to originate with the first stimulus package (Bush). But the reckless policies that have been pursued by his successor have turned a swell into the tidal wave.

Anonymous said...

It makes me think of MAD magazine, which called it ............ "The Poop-side Down Adventure!"