US M2 Money Supply

Source: https://fred.stlouisfed.org/series/M2
Published: Aug 20, 2020
Author: Horse
Post Date: 2020-08-20 16:30:50 by Horse
Views: 238

Poster Comment:

Money Supply M2 up 20% in 5 months. Velocity down since 1997, way down since the end of last year - almost 40%. Translation: We need a huge stimulus check to get us past election day. Velocity (economic activity) is falling faster than they print money. Not a good sign. PS Apple stock is valued at $2 trillion. Apple is selling bonds to the FED's Special Purpose Vehicles. This gives Apple cash to buy stocks thus keeping stocks up while Insiders dump their shares. There will be lots of angry people after election day!!

These charts do not copy as they are interactive.

Velocity: https://fred.stlouisfed.org/series/M2V

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#1: Pinguinite    To: Horse (#0)

It's way down because of the lockdowns, and the fed and the gov are both trying to make it go back up by flooding the country with cash. The problem though in when, after this flooding, the country reopens and people start really spending the money they have. That's when inflation starts up because all the credit money starts to balloon.

Pinguinite posted on 2020-08-20 23:12:56   Reply   Private Reply

#2: Horse    To: Pinguinite (#1)

Velocity cranks up when people expect inflation so they buy today on a credit card will coast more in 30 days when payment is due. We could easily see prices double in 90 days. Most likely 90 days from when food prices soar. Weather bad, no crop yields, higher prices. Probably starting next year or 2022 at the latest.

Horse posted on 2020-08-21 05:25:10   Reply   Private Reply