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.
EdwardDiamondhands / Edward Lightninghands
npub1kh…r6twl
2023-03-13 19:32:38
Author Public Key
npub1khgg4g4qaswewjx8rt5eyfu3mzs9nsn7n3va45829q2txldnldvqdr6twlPublished at
2023-03-13 19:32:38Event JSON
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"content": "Since the peak in March 2022, the US M2 money supply is down a whopping 2.15%. \n\nThis, after a 40.8% increase from Feb 2020-Mar 2022.\n\nThat’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.\n\nWhatever 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.\n\nYour 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.\n\nTell a friend; buy #Bitcoin.",
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