Read more on this subject: Economy – Economics USA
News Story Source: https://www.zerohedge.com, BY KNAVE DAVE
In my last Patron Post, which I eventually made available to everyone, I revealed a little-known (at the time) fact that M1 money supply (the most liquid forms of cash — bills, checks and basic savings accounts) had grown faster than any time in history. I showed that using a graph like the following, which is now brought up to the most current data:
With part of December now in the picture, you can see the faintest hint at the top of the steep late-November climb that shows the climb may be rounding off.
That is a massive amount of new cash money — historically massive — done almost covertly in the quickest burst ever — and yet it did not even cause the stock market to blink!… The graphs … make it clear why inflation under the new regime could become a much more serious problem than the limp moves seen over all the years of the Great Recovery, the difference being how fast the Fed's QE is now con
Read More or Make a Comment