- 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%
Y/y change in the MBase, which had been growing at roughly 2%, just jumped to 10.9%.
Operation Helicopter Drop is well underway.