EdwardDiamondhands on Nostr: Since the peak in March 2022, the US M2 money supply is down a whopping 2.15%. This, ...
Since the peak in March 2022, the US M2 money supply is down a whopping 2.15%.
This, after a 40.8% increase from Feb 2020-Mar 2022.
That’s right, hiking the Fed Funds Rate from near 0% to ~4.5% rapidly has only resulted in a measly 2.15% reduction in the money supply.
Whatever Consumer Price Index “disinflation” they’re celebrating, the fact remains that there is still 37.8% more money floating around than there was in Feb 2020.
Your wealth is still in the process of being extraordinarily diluted by the scourge of #inflation. In fact, it is already diluted by ~37.8%, you just haven’t fully realized it yet.
Tell a friend; buy #Bitcoin.
This, after a 40.8% increase from Feb 2020-Mar 2022.
That’s right, hiking the Fed Funds Rate from near 0% to ~4.5% rapidly has only resulted in a measly 2.15% reduction in the money supply.
Whatever Consumer Price Index “disinflation” they’re celebrating, the fact remains that there is still 37.8% more money floating around than there was in Feb 2020.
Your wealth is still in the process of being extraordinarily diluted by the scourge of #inflation. In fact, it is already diluted by ~37.8%, you just haven’t fully realized it yet.
Tell a friend; buy #Bitcoin.