Just in case you thought you were having a good day, here is a
href="http://research.stlouisfed.org/fred2/series/BOGNONBR?cid=123">graph
from the Fed that shows how much money the banks have:
Don't panic. The final number is from 1 July 2008.
I'm sure they've fixed the problem by now.
HT:
href="http://www.rgemonitor.com/financemarkets-monitor/252626/looting_the_vaults_at_the_central_banks">London
Banker, on Roubini's Global EconoMonitor (
href="http://www.rgemonitor.com/index.php">RGE Monitor).
- Log in to post comments