400 billion - see chart from St Louis Fed

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joe-bob henry-bob's picture
joe-bob henry-bob
Status: Member (Offline)
Joined: Apr 12 2010
Posts: 2
400 billion - see chart from St Louis Fed

 

400 Billion in about a week?  What is this?  What did the DO?  Who got 400 Billion?  Thoughts?

 

http://research.stlouisfed.org/fred2/graph/?chart_type=line&s[1][id]=TOTLL&s[1][range]=1yr

 

Fedchart

joe-bob henry-bob's picture
joe-bob henry-bob
Status: Member (Offline)
Joined: Apr 12 2010
Posts: 2
Re: 400 billion - see chart from St Louis Fed

hmmm.  Looking at discussions elsewhere, people seem to be proposing 2 different possibilities:

1.  Some entity or entities just had nearly half a trillion poured down its throat in an attempt to keep it alive (like a St Bernard rescuing Popeye in the snow...)

2.  Changes in accounting rules may have caused the blip - however changes in accounting rules could adversely hit some entities. 

lol  ...just waiting with bated breath for Zerohedge to post something on this.

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