Honey, I shrunk the M3

Check out the case of the shrinking US money supply:

http://www.telegraph.co.uk/finance/economics/7769126/US-money-supply-plunges-at-1930s-pace-as-Obama-eyes-fresh-stimulus.html

Shadowstats is an admirable site that tracks such things in an attempt to give an honest appraisal of the economy:

http://www.shadowstats.com/

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