Morning Journal-A history of monetary growth

Economics
This Week’s Data

German December industrial output declined 2.7%--that can’t be good for our ‘muddle through’ scenario.

Other

The demise of the savings class; thank Mr. Bernanke (medium):
http://mjperry.blogspot.com/2012/02/higgs-on-immiseration-of-personal.html

The student debt bomb (medium):
http://advisorperspectives.com/commentaries/dshort_021112.php

Japan announces its own QE (medium):
http://www.zerohedge.com/news/bank-japan-drowns-world-surprising-%C2%A510-trillion-valentines-day-liquidity-present

A history of monetary growth--and you wonder why I am a Fed skeptic? (today’s must read)
http://advisorperspectives.com/dshort/guest/Chris-Turner-Money-Supply-and-the-Fed-Inflation-target.php

Steve Cook received his education in investments from Harvard, where he earned an MBA, New York University, where he did post graduate work in economics and financial analysis and the CFA Institute, where he earned the Chartered Financial Analysts designation in 1973. His 40 years of investment experience includes institutional portfolio management at Scudder, Stevens and Clark and Bear Stearns. Steve's goal at Strategic Stock Investments is to help other investors build wealth and benefit from the investing lessons he learned the hard way.