Fed Lending to Banks Tops Pre-1933 Bank Holiday

Fed Lending to Banks Tops Pre-1933 Bank Holiday
http://www.shadowstats.com/


Fed Lending to Banks Tops Pre-1933 Bank Holiday • Inflationary Recession Continues to Intensify • Weak Economy Does Not Mean Lower Gold Prices • Perils of Trying to Mimic Bad Government Data • But for systemic intervention and manipulations by the Federal Reserve, it appears we might be contemplating a collapsed U.S. banking system and a looming deflationary great depression that could have dwarfed the bad times of the 1930s. Such is the good news. The bad news is that with those same systemic interventions, the Fed is locking in a hyperinflationary great depression in the decade ahead, with the turmoil possibly breaking by 2010 or earlier.
February 5th, 2008