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Interesting Graph

Category: Uncategorizableeconomy
Posted on: August 21, 2008 9:31 AM, by Joseph j7uy5

Just in case you thought you were having a good day, here is a graph from the Fed that shows how much money the banks have:

BOGNONBR_Max_630_378.jpg

Don't panic.  The final number is from 1 July 2008.  I'm sure they've fixed the problem by now.

HT: London Banker, on Roubini's Global EconoMonitor (RGE Monitor).

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