From the link:
So the Fed is going to begin hiding vital statistics from the US people and the rest of the world about a critical measure of our money supply. It's bad enough that there isn't anything "federal" about the Federal Reserve as it isn't a branch of the federal government but, rather, a privately held institution. And to make matters worse, some of the "owners" of that private institution are banks outside of the US. And they have no "reserves" to speak of. The Federal Reserve is kind of like that little guy behind the curtain in the Wizard of Oz. Do a search on the internet of "Wizard of Oz Federal Reserve" for some interesting reading.
Ah, but I digress. The question is, what else of international importance is scheduled to occur on or about the same time as the discontinuation of the Fed's reporting of M3?
If we remember back to this article from November we read that Iran is scheduled to begin trading oil for euros on their newly established Iranian Oil Bourse - IOB.
So the Fed's last report of M3 just happens to be the week prior to the first day of trade on the IOB? If countries like Japan and China and other Asian countries with their trillions of U.S. dollars no longer need them or require less of them to buy oil - does anyone suppose they might begin a wholesale liquidation of their U.S. Bonds (the primary instrument where foreigners 'store' their U.S. dollars)?
If foreigners begin wholesale liquidation of U.S. debt obligations, the Fed would have no recourse but to print the dollars necessary to redeem them and this would necessarily imply an absolutely enormous expansion of our money supply - which would undoubtedly be captured statistically in M3 or its related reporting.
