Posted on 03/18/2025 5:46:10 PM PDT by george76
Absolutely true.
3 – The growth of our money supply is a horror show. Just look at how rapidly M1 has been skyrocketing over the last couple of years. During the pandemic, M1 went from about 4 trillion dollars to more than 20 trillion dollars. The Federal Reserve is clearly guilty of economic malpractice. Is there any way that we are going to be able to avoid paying a very serious price for all of this reckless money printing?…
The first one is obvious, the continuing resolution process create a compound interest effect. The process takes prior year budget spending and adds an increase to it, not cuts at all ever. And basically that is compound interest, exponential growth. It has to stop, might be too late but we need to try. But nobody has the stones to do it, not even Trump (so far).
Makes one wonder what they ‘really’ know about Apophis...
A little self-disciple in money management would take care of that, but people can't be bothered not indulging themselves whenever they want.
later
I wish that they'd do charts re people who are NOT in debt ( if one doesn't count people who have a mortgage ), etc.!
Do they count stay at home moms, college students, and old/retired people as "UNEMPLOYED"? If so, doesn't that sort of skew things?
It’s starting to look like that sometime in the not-so-distant future, the US government will have to repudiate the debt. The results of that are somewhat predictable, but almost impossible to get people to understand. A command economy of some sort will come out of that, and the Constitution will no longer be the ultimate law.
US Treasurys rolling over from the Yellen era of near 0% rates to today’s ~4% rates..
Age 16+ There are 158 Million people working, 106 Million Not Working.. but only 6 million of them are officially unemployed..
Guess the real not employed 2023 rate..
https://mishtalk.com/economics/age-16-there-are-158-million-people-working-106-million-not-working
the dont even include the one thats our doom... medical spending
This comes into focus with the Quantity Theory of Money:
MV = PQ
where
M is the money supply
V is the velocity of money (this “turn-over rate hasn’t changed in 50 years.
P is the price level
Q is the output of the good and services in the economy
With stable prices and V constant, you need M to increase at the rate of real economic growth, which is historically about 3.2% per year. The graph clearly shows how the Fed has mismanaged the growth in the money supply.
How many of those 106 million are retired?
Stats can be made to show anything, but thanks for the link!
I asked the same question! :-)
😂
Michael Snyder is the king of the black pill crowd. He has been predicting the financial apocalypse for well over a decade. This time, he may be right. Or not.
I would have said Biden went on a spending spree; or at the his handlers did.
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