Sparkless! M2 Money Growth Crashes To -3.13% YoY As Fed Slams On Monetary Brakes To Fight TLFTL (Too Low For Too Long) Policies And Insane Federal Spending Spree (Fed Funds Effective Rate UP >5,000% YoY)

Confounded Interest ^ | 04/02/2023 | Anthony B. Sanders

[Kaiser8408a]

I love how the Supernatural character Dick Roman, a Levianthan, referred to Joe Biden as replaceable and having no spark. BUT Biden, Pelosi and Schumer did go on a historic spending spree helping to create massive inflation (so Biden and the gang did spark inflation).

To show you how Yellen/Powell’s Too Low For Too Long (TLFTL) monetary polices coupled with Biden/Pelosi/Schumer’s (add McConnell to this foul-smelling witches’ brew), Powell and The Gang (aka, The Fed) slammed on the monetary brakes. On a year-over-year basis, M2 Money growth has crashed tl -3.13%. The shocking number is The Fed Fund Effective Rate which rose over 5,000% YoY.

Here is Supernatural’s Leviathan monster Dick Roman handing an award to sparkless President Joe Biden. But Biden did spark massive inflation that crushed the US middle class and low wage workers.

[Kaiser8408a]

Even the TV show Supernatural pegged Biden as a sparkless, replaceable idiot.

[DoodleBob]

As discussed.

[C210N]

Look at ANY (I repeat: ***ANY***) $1, $5, $10, $20, $100 bill. You will NOT find a single one printed after 2017.

If you look, check out the "Series" year.

[Owen]

It will be amusing when this news is accompanied by increases in inflation.

Money is a substance created from nothingness by the Federal Reserve. It has no basis other than Fed governor whimsy.
There is zero reason it or anything about it would conform to any “laws of economics”. Economics itself is based on that nothingness source. How can it be a science?

[DugwayDuke]

C210N wrote:
Look at ANY (I repeat: ***ANY***) $1, $5, $10, $20, $100 bill. You will NOT find a single one printed after 2017. If you look, check out the “Series” year.”

The series date is the date the design of the bill was adopted, not the date it was printed.

https://en.wikipedia.org/wiki/Series_(United_States_currency)#:~:text=On%20banknotes%20of%20the%20United,the%20bill‘s%20design%20was%20adopted.

And the fed doesn’t print money, the bureau of engraving does that.

https://www.usatoday.com/story/news/factcheck/2022/12/20/fact-check-federal-reserve-continues-distribute-paper-currency/10899

https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm563002/

[TexasGator]

“Look at ANY (I repeat: ***ANY***) $1, $5, $10, $20, $100 bill. You will NOT find a single one printed after 2017.
If you look, check out the “Series” year.”

The series date is when the design was adopted. It has no bearing on the date printed.

[frogjerk]

The growth of M2 has to shrink in order for inflation to be fought. Now government spending has to shrink as well - much harder to accomplish because there has to be political will to do it, which there isn't since +50% get government handouts, and large ones at that.

The printing presses have to stop or slow severely. That is the ONLY way for inflation to fall. Washington and Washington only is the reason for inflation. But they like it because it allows them to raise taxes without the exposure of passing a bill to do so.