Posted by DigiNomad on 2nd of May 2023 at 04:47 pm
Sethbru - thank you! Not having anyone else on this side of the
reality has been frustrating. Everyone wants to talk about the
first negative money supply print in ___ years without zooming out
for context. This chart is helpful.
People can say, "being frustrated is ridiculous....just tune
the voices out and/or turn them off." (I have been known to
say this to people on social media). But, I have to deal with
clients that listen to these people. This fact changes the game
completely and forces me to form counter arguments....counter
arguments that preferably hold up through future events.
Posted by curranjohn on 3rd of May 2023 at 08:36 am
You are not considering the fact the post covid money supply has
already had its impact. It has created malinvestment bubbles that
will lead to dislocation and failure. The bigger the post
covid rise in m2 the greater the risk associated with contraction.
Steve is right. The rate of change is what matters.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Sethbru - thank you! Not
M2 money supply
Posted by DigiNomad on 2nd of May 2023 at 04:47 pm
Sethbru - thank you! Not having anyone else on this side of the reality has been frustrating. Everyone wants to talk about the first negative money supply print in ___ years without zooming out for context. This chart is helpful.
People can say, "being frustrated is ridiculous....just tune the voices out and/or turn them off." (I have been known to say this to people on social media). But, I have to deal with clients that listen to these people. This fact changes the game completely and forces me to form counter arguments....counter arguments that preferably hold up through future events.
You are not considering the
Posted by curranjohn on 3rd of May 2023 at 08:36 am
You are not considering the fact the post covid money supply has already had its impact. It has created malinvestment bubbles that will lead to dislocation and failure. The bigger the post covid rise in m2 the greater the risk associated with contraction. Steve is right. The rate of change is what matters.