Interesting Graph

By j7uy5 on August 21, 2008.

Just in case you thought you were having a good day, here is a href="http://research.stlouisfed.org/fred2/series/BOGNONBR?cid=123">graph
from the Fed that shows how much money the banks have:

i-06e5cc72551452a6ffe36a53eea84357-BOGNONBR_Max_630_378.jpg

Don't panic. The final number is from 1 July 2008.
I'm sure they've fixed the problem by now.

HT: href="http://www.rgemonitor.com/financemarkets-monitor/252626/looting_the_vaults_at_the_central_banks">London
Banker, on Roubini's Global EconoMonitor ( href="http://www.rgemonitor.com/index.php">RGE Monitor).

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