The following table shows the growth in the monetary base since August.
2008-07-16 870.637
2008-07-30 870.659
2008-08-13 870.775
2008-08-27 869.886
2008-09-10 874.703
2008-09-24 939.395
2008-10-08 1014.662
2008-10-22 1174.141
2008-11-05 1265.079
2008-11-19 1506.630
2008-12-03 1502.996
2008-12-17 1689.771
Since October 2008 the monetary base has doubled, going from $800 to $1600.
Paterson will have more to say about this in future posts.
