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:

  1. Egad, was Ernie Borgnine ever that young?

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  2. 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.

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

    ReplyDelete

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