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re: Fed hides weekly M1 supply, says "money doesn't matter"

Posted on 5/5/21 at 9:44 am to
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 5/5/21 at 9:44 am to
Lots of people here smarter and more knowledgeable than I about economic theory, but I’m seeing one major culprit for the “my boat and house are more expensive but price of a whopper is about the same”

20 year boat notes and incredibly low mortgage rates. Money is cheap and easy to stretch out and has been for years- if you financed whoppers then you’d see the same phenomenon.

Anything credit hasn’t historically impacted hasn’t seen the same meteoric rise, that I can tell.

Is it a money supply issue? I don’t know, I just know people being able to finance everything is causing the phenomenon, from college education to f250s, and it’s a bubble no one wants to pop.
This post was edited on 5/5/21 at 9:48 am
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