Not So Super
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FEEDSuper Micro (SMCI) makes rack servers. Boring, right? Well, not if they
got the privilege of riding the silly AI fad, which they did to great
effect. C...
2011-10-16
PBOC vs FRB:A tale of two money supplies
Notice the ramp in the Federal Reserve's M2 at the end of this chart. This has been explained, not as a burst in money supply that's is about to cause inflation, but as European money leaving the banking system and entering U.S. banks. Remember that only recently, some U.S. banks announced slightly negative interest rates, to deal with all the capital flowing in.
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