In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Options
How Long can The Feds Play out The Money Game?
Do you wonder why Congress has not passed a new Trillions of dollar stimulus again for big Businesses and Families? I tell you why! it's already out of control and they know it.Best to wait for the chaos after the election to have symptoms to show to instill the will of/on we the people.
serf
To hear Federal Reserve officials, politicians and mainstream
financial media pundits tell it – there is no inflation. In fact, the
consumer price index remains “stubbornly low” according to those who
view rising prices as an economic good. But inflation defined correctly is rampant. In fact, it is at all-time record levels.
Even if the inflationary policies never lead to rampant price inflation,
they still have negative effects on the economy longterm. They blow up
asset bubbles that eventually pop, taking the broader economy down with
them. Despite what the pundits tell us, there is inflation – lots of it.
And it will not likely end well for Main Street America.Strictly speaking, inflation is an increasing money supply, and by that measure, it hs set records for five straight months.
Last month, year-over-year growth in the money supply (as measured by TMS) came in at 37.56%. That was up 36.92% from July’s record rate. In comparison, the August 2019 increase in the money supply was a paltry 1.86%.
As measured by M2, the money supply grew by 23.23% in August, nearly the same rate as July’s record of 23.29%.
Comments