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Wednesday, March 18, 2009

The Global Financial Crisis

[ HT Good ]

Click image to enlarge.

3 comments:

Doug said...

The Fed is buying treasuries!

Get ready for hyperinflation!

Dave said...

Doug, relax.

They can't print enough. They are f****d.

It's going to be awhile before we see inflation.

Read Karl's stuff. He's ossim.

http://market-ticker.denninger.net/authors/2-Karl-Denninger

Tord Steiro said...

Dear Ninja.

Considering this chart and the Minsky article (good paper, by the way), am I noticing a more pragmatic view on government and regulation?

Not that I believe you start to encourage big government and a masse of regulations for the sake of regulation itself, but do I see some closing in to the Tyler Cowen approach to libertarianism?