masse monétaire M3/ La FED cessera publication pour mars 2006

M3,La FED renoncera à publier certains chiffres en mars 06!!



Ouh là là ça sent le sapin sur le plan monétaire: à l'adresse ci-dessous on peut trouver une déclaration selon laquelle certaines statistiques "sensibles" (M3 par exemple) ne seront plus délivrés dans quelques mois.





http://www.federalreserve.gov/releases/h6/discm3.htm

Federal reserve statistical release
Money stock measures
Release Date: November 10, 2005

Discontinuance of M3

Citation :

On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.

Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks).

CLIC ici pour traduction automatique

Oh putain, oui, là, ça sent le sapin...

Incroyable, hein?

ça veut dire:

on sait que ça va très mal on fait l'autruche on ne regarde plus

ou bien

on sait que ça va très mal; on connaît nos chiffres mais on ne veut pas les montrer au public pour ne pas l'affoler

ouh là là ssavamal ssavamal

Court Extrait + du Midas (encore excellent ce soir)
je ne vous en poste qu'une toute petite partie, c'est dur de choisir car il est complètement explosif et particulièrement long, alors j'ai pris un seul passage, un de ceux qui tapent le +
1) Le déficit annoncé aurait été minoré de moitié
2) Confirmation du post d'LN sur la suppression de la publication de M3

3) Bush Borrowed More Than All Previous Presidents Combined,

Vous imaginez?
Bush a emprunté A LUI SEUL + que les 42 présidents précédents REUNIS, et pourtant, Nixon, Carter, Clinton n'étaient pas des manchots coté endettement, ils étaient déjà des recordmen...alors là...
Terminator à coté de Bush, c'est Stan Laurel...!

I could not believe the Government’s budget deficit for October reported to be $47.2 billion. If you check the Bureau of Public Debt, the Federal Government’s debt ballooned by $94.4 billion in October to $8,027 billion. In other words, they reported the deficit to be exactly 50% of the true amount. Corporations throughout the republic are being fined and prosecuted for misstating their earnings or losses, but this is business as usual for the Federal Government .

To put this monthly number in context, the TOTAL Federal deficit was $2.9 billion in 1913 when the Federal Reserve was created, was $27.4 billion in 1919 after WWl, and was $22.5 billion in 1933 when gold was confiscated by the Government. The reason I keep writing about these deficit numbers is the show the enormous infusion of fiat money since creation of the Federal Reserve, and the logical conclusion that gold should be thousands of dollars higher. Looking at these numbers, it is unbelievable that the Federal Reserve says its purpose is to fight inflation.
-Bryant

From www.urbansurvival.com (George Ure):

Federal Reserve to Hide the Evidence

News release from the Federal Reserve:

Discontinuance of M3 On March 23, 2006, the Board of Governors of the Federal Reserve System will cease publication of the M3 monetary aggregate. The Board will also cease publishing the following components: large-denomination time deposits, repurchase agreements (RPs), and Eurodollars. The Board will continue to publish institutional money market mutual funds as a memorandum item in this release.
Measures of large-denomination time deposits will continue to be published by the Board in the Flow of Funds Accounts (Z.1 release) on a quarterly basis and in the H.8 release on a weekly basis (for commercial banks).
Transparency in government? Ha! This is why we call them banksters! How come these guys, not our beloved US Government, get to make up money, huh?

-END-

It ought to shake any conservative in the US when the longing is to bring back Lyndon Johnson to restore fiscal responsibility in America:

11/10/2005 8:34:02 AM
Bush Regime Borrowed More Than All Previous Presidents Combined, Group Says crane

Source:
The Cybercast News Service
http://www.cnsnews.com/

Bush Borrowed More Than All Previous Presidents Combined, Group Says

By Melanie Hunter CNSNews.com Senior Editor

November 04, 2005

(CNSNews.com) - President Bush and the current administration have borrowed more money from foreign governments and banks than the previous 42 presidents combined, a group of conservative to moderate Democrats said Friday.

Blue Dog Coalition www.house.gov/tanner/blue.htm , which describes itself as a group "focused on fiscal responsibility," called the administration's borrowing practices "astounding."

According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion.

"The seriousness of this rapid and increasing financial vulnerability of our country can hardly be overstated," said Rep. John Tanner (D-Tenn.), a leader of the Blue Dog Coalition and member of the House Ways and Means Committee.

"The financial mismanagement of our country by the Bush Administration should be of concern to all Americans, regardless of political persuasion," said Tanner in a press release.

Earlier this year, the Blue Dog Coalition unveiled a 12-step plan to "cure" the nation's "addiction to deficit spending." It included requiring all federal agencies to pass clean audits, a balanced budget, and the establishment of a rainy day fund for use in emergencies specifically a natural disaster.

"No American political leadership has ever willfully and deliberately mortgaged our country to foreign interests in the manner we have witnessed over the past four years," said Tanner. "If this recklessness is not stopped, I truly believe our economic freedom as American citizens is in great jeopardy." crane

-END-

En face y pas que des crétins tout de même

Je me demande ce que les autres banquiers centraux et le FMI en pensent ; certains sont complices c'est sûr, mais d'autres doivent bien rigoler ... jaune !

Eh bien, tout va mieux ! Dormez, bonnes gens, pendant qu'on démolit la valeur de vos avoirs à la vitesse d'un lingot chutant vers le sol !

Cassons le thermomètre, et plus de problème de température !

Je suppose que nos grands fiat argentiers doivent tenir le même discours que la mère de Bonaparte lors du sacre qui l'a fait Napoléon :

(accent du maquis inside)

-- Pourvou qué ça doure...

Sauf que là, ça commence à devenir très, très difficile de "dourer"...

suite ..

http://www.safehaven.com/article-4108.htm

eh oui .. ces stats servaient entre autres à michael Bolser .. , à Jesse .. et à bien d'autres pour anticiper les magouilles de la PPT sur le DJ via les repurchases agreement ...

et bien fini .. ... !!

Some Little Thoughts About The M3 Discontinuation

Citation :

"... The decision to discontinue publication of the M3 monetary aggregate was based, in part, on a determination that the M3 does not appear to convey any additional information about economic activity that is not already embodied in the M2 aggregate. ..."

Oh ? really ?



The first figure simply show M3 (the broader monetary liquidity indicator), M2 and M3-M2.

The last points are on 2005/10 : M3 = US$ 10.058 trillons, M2 = $6.627 trillions, giving a more than $3 trillions "no more conveying information" M3-M2.




The second figure plots the same datas but with a log scale on the Y-axis.

Hmmmm, Seems M3-M2 was so tiny it can't be displayed before the 80's ; but after the 80's it appears to be very interesting :
- quasi linear growth from '78 to '89
- down from '89 to '95 ; wasn't it a recession at this time ? wasn't the south heading of M3-M2 an advanced signal of the '91 recession ?
- quasi perfect linear growth from '96 to '01
- slightly growth during the dot.com bubble burst ; how do you spell "liquidity flooding" ?
- the same "exuberant" growth seems to have resumed since the last couple of years.

I write "exuberant" because a linear growth on a log scale means an exponential growth on the natural scale. The "no more conveying information" M3-M2 does not go parabolic, it goes exponential ! as do M3. This, simply, is unsustainable.

Would it have been a so indecent spectacle to show the arriving liquidity tsunami ?


Monthly datas from 1959/01 to 2005/10 - Sources :
M3 : http://www.economagic.com/em-cgi/data.exe/fedstl/m3sl#Data
M2 : http://www.economagic.com/em-cgi/data.exe/fedstl/m2sl#Data

Graph and Statistical Computing with 'R', see http://www.r-project.org/

suppression publications chiffres M3 , 2 réactions qui valent le coup d'etre lues ! et en français pour une fois

http://www.agoravox.fr/article.php3?id_article=7852

http://www.argent.fr/page_06_bn020-2.pdf

Oui, bien long mais 2 synthèses interessantes, et certaines réactions au premier articles sont dignes de pourceau 2001, on mesure, là encore, la propension de nos contemporains à affirmer des âneries avec d'autant plus de certitudes et de suffisance qu'ils ignorent tout du sujet traité.

ba ça .... plus ils st ignorants du sujets , plus ils st sur d'eux, péremptoires .. et tout le toutim .. pftt

inflation/ M3 et matières 1eres/ Paulson



que s'est t'il passé sur ces marchés, juste après la décision de la fed de cesser la publication des statistiques M3 en mars 2006?



la réponse de Rob Kirby avec des graphes tout à fait éloquents .. observez bien les dates et les commentaires portés sur les graphes

c'est tout de même curieux, non toutes ces coincidences baissiéres, qui correspondent d'ailleurs également à la nomination de Paulson ( ex goldman sachs) au trésor us

mais il n'y a pas plus de manipulation, que d'inflation ... évidemment ..

http://www.financialsense.com/Market/kirby/2008/0407.html

Excellent...!!!