Stop, Stop, Stop … Printing! Consumer Purchasing Power Down 97% Since Fed Creation (1913) And Down 16% Under Biden (M2 Money Velocity And Debt Velocity STINK!)
by confoundedinterest17 The Hollies said it best: Stop, stop, stop. FIAT Money Printing that is. Typically, we look at M2 Money Velocity (GDP/M2) as a measure of how much the economy grows by expanding the money supply. M2 Money Velocity is currently at 1.344, and still below where we were under Trump prior to Covid. After Powell …