4 ms·
Look at this graph: https://fred.stlouisfed.org/series/WM2NS https://fred.stlouisfed.org/series/WM2NS See the discontinuity? That's not an artifact of changes
by adamsb6 4y ago
Look at this graph: https://fred.stlouisfed.org/series/WM2NS https://fred.stlouisfed.org/series/WM2NS
See the discontinuity? That's not an artifact of changes to how money supply is measured. It's a real, unprecedented increase in the money supply.
If not inflation, what impact would such an increase have? Is increasing money supply the world's first free lunch? If so, why not accelerate it's growth even more?