The fed’s planned balance sheet expansion results in a 15-fold increase in the domestic US base money supply. (Source.)
262 Billion = US monetary base as of Sept. 2008 (minus $ held abroad)
3,818 Billion = projected US monetary base in Sept. 2009 (minus $ held abroad)
3,818 Billion / 262 Billion = 15-Fold Increase in US monetary base
This is a staggering devaluation of the US currency!