https://fred.stlouisfed.org/series/M1SL
Link to the M2 Report
https://fred.stlouisfed.org/series/WM2NS
Its pretty basic economics: The Money supply "chases" the goods and services in the economy. With the supply chain in bad shape, the amount of money just waiting to jump on a scare product is going to drive the prices upwards.
If you want to shock your friends...show them this. The creation of money since 2020 is staggering.
A log chart would be helpful to compare to earlier years.
I don’t get it. Just because they printed all this money, why are prices going up.
Now there’s a hockey-stick-for-real chart.
Scary.
Indeed. And it is a bad omen for the future.
To “expand” from 4 to 16 in the span of about one month — April to May 2020 — tells a story that the government AND the Fed are out of control. The parallel news item in that time was the pandemic declaration a few weeks earlier, complete with massively incorrect predictions and resultant lockdowns with their horrid socioeconomic effects.
Since then the few and politically connected have profited wildly and the many have been hit hard in the pocketbook. These effects will linger.
Time to abrogate the debt and abolish the Fed, a partly private corporation pays out regular dividends to holders of its debt instruments..-- It is the privatization of public debt to private wealth.
Catherine Austin Fitts on the End Game - why we ceded power to the Central Banks...
(1 min video)
https://m.youtube.com/watch?v=k6IS7q5E1Fw
New seminal book by Christopher Leonard: “Lords of Easy Money”
He was a guest on Bannon Warroom today (2nd hr)
So inflation isn’t going away with incremental rate increases, he asked somewhat innocently?
How did a stimulus of a “few” trillion become so many trillions so quickly?
Was there more money printing going on than we ever imagined? Did this money come out of stocks of goods that were not replaced?
