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Title: And Now The Hangover: Goldman Sees Sharp Deceleration In US Economic Growth In 2022
Source: [None]
URL Source: https://www.zerohedge.com/markets/a ... ration-us-economic-growth-2022
Published: Jul 26, 2021
Author: Tyler Durden
Post Date: 2021-07-26 16:39:54 by Horse
Keywords: None
Views: 126
Comments: 1

It was good while it lasted, but the party is finally ending.


Poster Comment:

See chart. If the Congress does not come through with another $3 trillion in spending, the FED can issue a couple trillion dollars in DigiCash. Send every voter (including the illegal aliens) a FED debit card with their name on it. There are 209 million citizens 18 and over. But there are 235 million adults 18 and over if you count legal and illegal aliens. If the FED gave everyone 18 and over $2,000 on their FED debit card, the Democrats might not lose so many seats in the House and the Senate. But they will have to do that twice. Once early in the Spring to keep the economy from tanking and again in the Fall before election day and hope for the best. 2,000 X 235 million is a mere 4.75 trillion. Times 2 is a mere $9.5 trillion. Total M2 Money Supply is currently a mere $20 trillion. Increasing it 50% will likely increase the velocity of money which is how many times it changes hands in a year. Currently, the Money Supply has a low velocity and the inflation rate from Shadow Stats is halfway to 25% which is where Hyperinflation begins for a reserve currency like the US dollar.

The Establishment will do whatever it takes to keep America Firsters from taking over DC. (1 image)

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The Velocity of M2 Money is 1.122, down from 1.134 last quarter and down from 1.379 one year ago. It is low but start giving money to people rather than the FED's 21 primary dealers and you will see velocity leap high hurdles. Doubling Velocity will double prices. And then things would get worse as foreigners would see nothing but riots in the US from coast to coast. They would dump their stocks and bonds to buy commodities which would double prices again. That is when we talk about Civil War.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2021-07-26   16:48:09 ET  Reply   Trace   Private Reply  


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