From Paul Krugman's blog, here is the money supply:
Helicopter Ben has been printing money with all the fervant abandon of a Weimar Republic finance minister. Anybody see anything that looks like economic recovery anywhere in sight?
Pushing on a string, folks. Pushing on a string. If the money isn't making it into the pockets of people willing to spend it (i.e. ordinary people who need jobs), you're just pushing on a string. Money that just sits in bank vaults (or 1's and 0's in their computers nowdays) ain't doing diddly to keep people employed and keep factories rolling.
-- Badtux the Economics Penguin