Evidence of FED printing money: creating inflation

A graph of Fed borrowing: click here to view in full Whoops! : May 2008 : Ambrose Evans-Pritchard : Business : Telegraph Blogs : "Posted by Ambrose Evans-Pritchard on 29 May 2008 at 18:42 Tags: Economy, Debt, borrowing, Alan Greenspan, Federal Reserve This is helicopter policy already. It is what happens when the Fed manouvres itself into such a dire position that it has to invoke the "unusual and exigent circumstances" clause of the Federal Reserve Act (Article 13, 3). Sadly, we must all put a clothes peg over our nose and accept this debasement. The alternative outcome for free society would be worse. Greenspan has a lot to answer for..." Norton's comment: Non-bank borrowing recently open to investment banks etc., allows trading mortgage backed securities (worth junk) at face value for treasury securities...so called temporarily; however, now there is talk of making this mechanism and new regulations long term or permanent. Most banks are still carrying thes...