$5 trillion a year

That's just the current rate the Treasury is issuing debt:

Update--Teetering on the edge of economic collapse

The government is trying to keep the struggling economy propped up with massive borrowing, which is clearly not sustainable.

If the medium/long duration scenario still holds, we are about to enter the Ramp-Up phase:

MEDIUM/LONG-DURATION SCENARIO:
Slow climb:    (already happening)
Ramp up:       Sep 2009
Crazy:         Jun 2010
Dollar Nuked:  Sep 2010
Recovery:      Sep 2010 - Mar 2012

Inflation Is Good

The key here is that the Fed is monetizing the debt in an indirect way, so as to not appear to be monetizing the debt.

The Fed knows this dragon will get out of control, otherwise they would not try to hide what they are doing.

Hyperinflation Nation

An Order Of Magnitude Increase in the Monetary Base

From a Wall Street Journal Article here.


The article is worth reading, but the chart really says it all.

Fed Planning Inflationary Dollar Destroying 15-Fold Increase In US Monetary Base

By September of 2009: Read it here...

This fits well with with the previous post, Update to Hyperinflation Scenarios.

Update to Hyperinflation Scenarios

This scenario seems likely, for the time being:

MEDIUM/LONG-DURATION SCENARIO:
Slow climb:    (already happening)
Ramp up:       Sep 2009
Crazy:         Jun 2010
Dollar Nuked:  Sep 2010
Recovery:      Sep 2010 - Mar 2012

For background:
Hyperinflation Scenarios
Discerning The Pattern

H/T to MSimon for stirring me up...

The Multi-Trillion-Dollar Scorecard

Here's a handy reference on how much money is spewing forth: Economy rescue: Adding up the dollars

Total score to date: $2.3 trillion spent, $11.6 trillion planned.

Add another trillion to that list: Fed to pump another $1 trillion into U.S. economy

Soon to be followed by two more: Obama climate plan could cost $2 trillion

Pretty soon we're talkin' about some real money!