M2
- Thread starter Dawg
- Start date
as seen on tv
Senator
Good post. Is it any surprise that when inflation doubles the money supply shrinks? We're spending more on everything from rent to gas to starbucks. Evictions coming to a neighborhood near you soon!
No surprise and hard to have extra money when it takes everything many have to just survive. I think car repo's are at historical highs
Savings going on higher food/gas/rent prices
Mothers sound off on Biden's economic policy, explaining how it's slowly 'strangling' their families (msn.com)
and with good credit Joey wants you to pay more for your mortgage
so those with bad credit can get mortgages
Joey thinks he's Robin Hood
Mothers sound off on Biden's economic policy, explaining how it's slowly 'strangling' their families (msn.com)
and with good credit Joey wants you to pay more for your mortgage
so those with bad credit can get mortgages
Joey thinks he's Robin Hood
RickWA
The Pissant Snagglesooth
Yep. We got outta there just in time. Much better now.
Raoul_Luke
"Wait, it's all Marxism?" "Always has been."
Looks like you were on to something...
It does appear, however, as if the central bank did at least accomplish the first half of Bernanke’s mission (boosting wealth) even if it didn’t quite accomplish the second half (kickstarting a virtuous circle of economic growth). But when you look at household net worth relative to the growth in the money supply, it’s clear that the rise in the former was nothing more than an illusion.
Net worth has actually declined relative to M2 since 2008 and is now back to levels not seen in the 20 years prior to that time. The truth is that there has been no “real” wealth created at all when measured this way.
And when you deflate GDP by the growth in the money supply, the picture is even more damning. Since quantitative easing began in 2008, the trajectory of the economy in relation to the growth of M2 has been far more deeply negative than that in household net worth. The truth is that there has been no “real” growth in the economy since 2008 when it is measured in this way; in fact, the economy has been in protracted decline relative to the money supply for decades, a phenomenon that has only worsened during the QE era.
www.zerohedge.com
It does appear, however, as if the central bank did at least accomplish the first half of Bernanke’s mission (boosting wealth) even if it didn’t quite accomplish the second half (kickstarting a virtuous circle of economic growth). But when you look at household net worth relative to the growth in the money supply, it’s clear that the rise in the former was nothing more than an illusion.
Net worth has actually declined relative to M2 since 2008 and is now back to levels not seen in the 20 years prior to that time. The truth is that there has been no “real” wealth created at all when measured this way.
And when you deflate GDP by the growth in the money supply, the picture is even more damning. Since quantitative easing began in 2008, the trajectory of the economy in relation to the growth of M2 has been far more deeply negative than that in household net worth. The truth is that there has been no “real” growth in the economy since 2008 when it is measured in this way; in fact, the economy has been in protracted decline relative to the money supply for decades, a phenomenon that has only worsened during the QE era.
ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
