Friday, April 29, 2011

NOT GOING TO SLOW THE PACE

http://research.stlouisfed.org/publications/usfd/page3.pdf

Don't look down.....since it began the most recent rise, there has not been a single week the base has not expanded.

Adjusted Monetary Base


"The Adjusted Monetary Base is the sum of currency (including coin) in circulation outside Federal Reserve Banks and the U.S. Treasury, plus deposits held by depository institutions at Federal Reserve Banks. These data are adjusted for the effects of changes in statutory reserve requirements on the quantity of base money held by depositories. They are updated monthly by the Federal Reserve Bank of St. Louis."

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