You can see the Money Supply here:
https://fred.stlouisfed.org/series/M1
and here:
https://fred.stlouisfed.org/series/M2
over 5 Trillion in a year.. and 4,3 Trillion of them just the last half year (since January)
WOW
For Comparison: 1000 Billions are 1 Trillion
2 years ago (the date of the shown^ figures) 5 Trillion would have been more than all circulating USD times 3.. or nearly 75% of the money in GOLD
Our "economy" is addicted to worthless money.
That's why we invest in gold and silver in the silver and gold stacker community. Those who did see their assets grow.
Posted Using LeoFinance
good job ;)
wish I had more money.. or a job.. or not permanent pain.. to also stack some gold and silver..
Take a look at the comprehensive annual financial report of any gov't ofc.
Cafr1.com
My state has 2 years of tax receipts in the stock market.
My government is guaranteeing with the tax revenues of the next years to take up new debts
Unless they let the fiat note crash, then they can print all they want because they have no intention of ever paying back the debt.
Modern monetary theory, or some such nonsense.
MMT magic money tale :)
More economist distractions to take our minds off real problems.
Yes. Marxism (past) was bullshit. And Keynianism (now) is also complete shit.
Lucky there is another school of economics: austrian school
:)
Or, we could go full communist.