Warning Sign - US Money Supply Shrinking

Nathan Newman: Essentially-- what this would mean is that Bush has been artificially pumping up the economy with deficits and the Fed has been pumping it up with low interest rates, but the money supply is signalling that beneath the surface, the patient is still very sick.

As I said, money is just too mysterious to make too much of, but here's the disturbing last sentence from the article of what this all could mean:

So could this be another liquidity trap, such as the Fed encountered in the 1930s?

Nathan also caught Mathews being wrong and Dean being right on Hardball - Dean & Libertarians Hate "Right to Work" Laws