Tuesday, January 13, 2015

The Manipulated Boom is On: More Data Points

 Economic Data Points:

 a) Only 18 US banks failed in 2014, the lowest in any year since 2007, before the Great Recession,

b) the jobless rate in Minnesota fell to a 13-year low of 3.7% in November, the lowest rate since April 2001

 c) the percentage of Americans agreeing that it’s a good time to find a quality job rose to 45% in January, the highest percentage since May 2007. (via Mark Perry)

And here is the explosion in money supply that has caused the fake boom:

This is not going to end well. Expect eventual price inflation far above the expectations of Federal Reserve economists.

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