Charting the Course to $7 Gas

everything that doesn't belong elsewhere cometh here

Moderator: moderators

frang0nve
rank: 150+ posts
rank: 150+ posts
Posts: 198
Joined: Thu Apr 09, 2009 7:57 pm
Reputation: 0
Gender: Male

Charting the Course to $7 Gas

Postby frang0nve » Wed Aug 17, 2011 5:29 pm

Interesting article from the Austrian School of economics:

http://mises.org/daily/5223/Charting-th ... e-to-7-Gas

EXTRACT:

The next chart is the Fed's monetary base. Note the vertical movement during and after the Depression of 2008: an increase from around $800 billion to just over $2.4 trillion.


Image

This is the most worrisome chart I have ever seen. By comparison to what Bernanke has done, take a look at the blip (circled in red) that Greenspan caused just after the dot-com bust in early 2000. This is not the kind of comparison that makes it to CNBC or the front page of the Wall Street Journal.

If 1 percent interest rates and that small Greenspan monetary increase back in 2000 caused the boom and ultimate crash of 2008, then what will be the ultimate result of our current extended course of 0 percent interest rates and a 300 percent increase in the monetary base?


Cheers
Last edited by frang0nve on Thu Aug 18, 2011 3:37 am, edited 4 times in total.

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
PebbleTrader
rank: 1000+ posts
rank: 1000+ posts
Posts: 1632
Joined: Fri Nov 12, 2010 2:15 am
Reputation: 0
Gender: Male

Postby PebbleTrader » Wed Aug 17, 2011 8:30 pm

Thanks for sharing.
Life is just a journey

Lyporen
rank: <50 posts
rank: <50 posts
Posts: 1
Joined: Thu Feb 02, 2012 12:10 pm
Reputation: 0
Gender: None specified

Postby Lyporen » Fri Feb 03, 2012 5:23 am

Wow! That's a chart! What happened?
Last edited by Lyporen on Mon Jun 03, 2013 2:39 pm, edited 1 time in total.

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Fri Feb 03, 2012 5:57 am

Quantitative Easing happened.

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

User avatar
noushina
rank: 50+ posts
rank: 50+ posts
Posts: 147
Joined: Fri Sep 25, 2009 10:50 pm
Reputation: 0
Location: Fukushima Japan
Gender: None specified

Postby noushina » Sat Feb 04, 2012 12:47 am

Lyporen wrote:Wow! That's a chart! What happened?


Newest pic.

WOW if we print enough of it our national debt will be gone!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
mysticalchemist
rank: <50 posts
rank: <50 posts
Posts: 22
Joined: Tue Oct 13, 2009 5:25 am
Reputation: 0
Location: Alice Springs
Gender: Male
Contact:

Why is oil still not showing an upward trend?

Postby mysticalchemist » Sat Feb 04, 2012 6:22 am

I've been playing with WTI oil a bit, expecting an upward rise, but no. This is the monthly chart.


Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “general”