Unprecedented Jump in Monetary Base

Since 1975, the Fed has only allowed the Monetary Base to rise by 2% or more over a reporting period (2 weeks) 3 times.

• In Dec. 1999, fearful of Y2K problems the Fed allowed the MBase to rise by 2.89%
• In Sept. 2001, following 9/11, the MBase rose by 6.4%
• Last week the Monetary Base rose by 8%

One more point of comparison: The MBase rose by 1.3% during the Crash of 1987.

Y/y change in the MBase, which had been growing at roughly 2%, just jumped to 10.9%.

Operation Helicopter Drop is well underway.