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re: US CPI data release today

Posted on 2/14/23 at 12:32 pm to
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 2/14/23 at 12:32 pm to
If they REALLY cared about getting inflation down then they would contract the money supply.

But we know they don’t and they won’t.

Remember: the “money” system is run by haters and destroyers. The same exact haters that are pushing “diversity, equity, inclusion.” Ironic, eh? When these ilk or their media mouthpieces speak, immediately think OPPOSITE.

Evil hates.
Evil destroys.

Love nurtures and loves.
Love builds.

Godspeed
This post was edited on 2/14/23 at 1:16 pm
Posted by buckeye_vol
Member since Jul 2014
35243 posts
Posted on 2/14/23 at 2:50 pm to
quote:

If they REALLY cared about getting inflation down then they would contract the money supply.
Well M2 peaked at $21.7397 trillion in March and was down 2.5% in December to $21.2074 trillion, which appears to be the largest contraction since the data series began in 1959, at least in absolute terms but maybe relative as well.

Fred Data on M2
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