The Fed DID see what was happening. They saw M3 soaring. So they did the logical thing. They discontinued publishing the M3 statistic in 2006. Yep, they dec

The Fed DID see what was happening. They saw M3 soaring. So they did the logical thing. They discontinued publishing the M3 statistic in 2006. Yep, they decided we just need to bury our heads in the sand and the developing crisis would just go away. But did it? http://www.shadowstats.com/alternate_data/money-supply-charts http://www.shadowstats.com/alternate_data/money-supply-chart...