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We haven't doubled the money supply (not even close). The amount of misinformation in this conversation in the general public speaks to the lack of understandi
by boringg 5y ago
We haven't doubled the money supply (not even close). The amount of misinformation in this conversation in the general public speaks to the lack of understanding of our monetary systems.
- throwawaygh 5y agoIt's not a lack of understanding. There are multiple incredibly strong propaganda machines, both political (R) and business (crypto), pushing this narrative.
- kerng 5y agoSo how much has the money supply increased/decreased according to your sources?
- srj 5y agoYou're the one who made the assertion - curious on your sources. If you're simply looking at fiscal stimulus spending that's a pretty naive view of economics.
- kerng 5y agohttps://tradingeconomics.com/united-states/money-supply-m0 https://tradingeconomics.com/united-states/money-supply-m0 Look at 5 year view.
- jjk166 5y agoLook at the 25 year view. 2014-2019 was an anomaly where us GDP grew 22% while the money supply contracted by 25%, we are currently back to the straight line we've been on since 2008.