Just creating money doesn't necessarily mean much: > But this is what so much of the money supply represents – money that has been issued and is just sitting a

Just creating money doesn't necessarily mean much: > But this is what so much of the money supply represents – money that has been issued and is just sitting around unused. Why is this useful? It’s like calculating your weight changes by counting how much food you have in your refrigerator. No. That’s potential calories consumed and potential weight gain. The amount of food in your fridge tells you little about your future weight changes just like the amount of money in the economy tells us little about the actual price changes in the economy. * https://www.pragcap.com/three-things-i-think-i-think-i-see-dead-mutual-funds/ https://www.pragcap.com/three-things-i-think-i-think-i-see-d... It actually has to be used, which it generally has not been: * https://econbrowser.com/archives/2021/11/so-you-want-to-be-a-monetarist https://econbrowser.com/archives/2021/11/so-you-want-to-be-a... * https://fred.stlouisfed.org/series/M2V https://fred.stlouisfed.org/series/M2V