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Started By
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re: Fed hides weekly M1 supply, says "money doesn't matter"
Posted on 5/5/21 at 8:54 am to Strannix
Posted on 5/5/21 at 8:54 am to Strannix
quote:
I can't imagine how low one's IQ needs to be to think that printing 10 trillion dollars wouldn't have severe consequences. Its materializing now
You’re putting words into my mouth.
I’m simply pointing out that M1 is a shitty barometer for inflation. It doesn’t tell you anything useful.
Inflation has been the boogeyman that hasn’t happened in any traditional sense for over a decade. Congrats if you’re finally vindicated.
1
Posted on 5/5/21 at 9:41 am to slackster
quote:
I’m simply pointing out that M1 is a shitty barometer for inflation. It doesn’t tell you anything useful.
Who said it was a baromter? Its a prerequisite for inflation.
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