M3 reporting in the news of the week

was there anything in the corporate media about this week?

articles with URLs:

FED - 'FESS UP ON M3
Thursday, March 23, 2006 - http://FreeMarketNews.com

March 23rd is more than a normal day. A release from DownsizeDC serves as
a reminder that today the Federal Reserve stops publishing a statistic known
as M3 - the best information available on how much new currency is being
created and held around the world. The release points out that "The Federal
Reserve can create new dollars out of thin air. ... When more dollars are
created prices rise and the value of your savings fall."
As of today, the Fed has stopped publishing this data for public analysis, and
DownsizeDC is not alone in its suspicions about the reasons why. There have
been a spate of articles on the 'Net recently speculating about the Fed's fairly
dramatic move, some linking it to a possibile Iranian commodities bourse that
will offer an alternative to the so-called US petrodollar. "The Fed is planning to
do a lot of 'legal counterfeiting,' and wants to hide it," the release concludes.
The release also notes that Congressman Ron Paul [R-TX] has introduced
legislation to require the Fed to resume reporting the M3 statistic, and
Downsize urges taxpaying citizens to contact their own representatives to
support the bill called The Sunshine in Monetary Policy Act. - ST
staff reports - Free-Market News Network

found at http://www.freemarketnews.com/WorldNews.asp?nid=9991



ON'T LET THEM HIDE INFLATION

Wednesday, March 22, 2006


The Federal Reserve can create new dollars out of thin air. Much of the
federal government's deficit spending is funded with this "funny money."
When more dollars are created prices rise and the value of your savings fall.
Sadly ...

We believe the Federal Reserve is about to create a whole bunch of new
money. Why? Because, starting March 23 the Fed will stop publishing a
statistic called M3. M3 is the best guide to how much new currency the Fed is
creating. The only reason to stop publishing M3 is because ...

The Fed is planning to do a whole lot of "legal counterfeiting," and wants to
hide it. This is a direct threat to your budget and savings. It must be stopped.
Fortunately ...

Congressman Ron Paul is sponsoring legislation to force the Fed to continue
reporting M3. We need to force this legislation through Congress. It's the best
brake we have to stop inflation. And the brakes come off March 23.

Please send a message to Congress right now telling them to pass Ron
Paul's bill. You can do so here:
http://action.downsizedc.org/wyc.php?cid=44


found at http://www.freemarketnews.com/Analysis/64/4227/2006-03-
22.asp?wid=64&nid=4227