worried yet?

some particular quotes stood out to me from this article about the largest plunge in the m3 money supply since the great depression:

The US has just tried the biggest fiscal experiment in history and it has failed.

...the dominant voices in US policy-making (Paul Krugman, Joe Stiglitz, Mr Summers, Fed chair Ben Bernanke) are all Keynesians of different stripes who "despise traditional monetary theory and have a religious aversion to any mention of the quantity of money"

Mr Bernanke no longer pays attention to the M3 data... The sudden slowdown in M3 in early to mid-2008 - just as the Fed talked of raising rates - gave a second warning that the economy was about to go into a nosedive.

Mr Bernanke built his academic reputation on the study of the credit mechanism. This model offers a radically different theory for how the financial system works. While so-called "creditism" has become the new orthodoxy in US central banking, it has not yet been tested over time and may yet prove to be a misadventure.