Via Ambrose Evans-Pritchard, comes this chart: Wow!
Source: St Louis Fed
"This is helicopter policy already. It is what happens when the Fed
manouvres itself into such a dire position that it has to invoke the
"unusual and exigent circumstances" clause of the Federal Reserve Act
(Article 13, 3)."
29 May 2008 at 18:42 http://blogs.telegraph.co.uk/business/ambrosevanspritchard/may2008/whoops.htm
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.