Friday, January 21, 2022

Did Someone Say "Inflation"?

Interesting chart.  M1 is 'money in circulation,' so the chart does NOT show the assets of the Federal Reserve--which assets took a huge leap in '08 so as to bail out the jackwads in banking and automobiles, but mostly banking.

That led to the asset-inflation of stocks and housing.

But the Trump/Biden/House of Whores spending REALLY lit the fuse.

HT:  Peter

https://blogger.googleusercontent.com/img/a/AVvXsEjRVzkbGeAkz_A6XUV7_qS2AcTPX_FlW79dMaZYmpcNk0PnameZiLX0ibIoX3IMHLVXkm52Xc8KRB6znPYLVX2kOs1rb1n4-CSIPpbtis2uM6MXOqk-9Vm7T8XMJYpFKuVwBauh9h2AwJkVlqnHNX97WFVnFPrEEr73S_sXJrye-CKZ3yXscWFvGKrK=s1456

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