JRosenberger - 11/6/2023 10:23
Tall Pine farms - 11/6/2023 06:58
The time to worry about the money supply was 2018 through 2021, they need to spend the next 5 years shrinking it by the Fed reducing its bond holdings.
The politicians need to replace the feds holdings with spending cuts and tax increases. Problem as shown on this board is the public doesn't have the stomach for that.
That is exactly right on the fist part, IMO. I would argue the problem could be solved with spending cuts alone. Below is the 10 year chart of the M2 money supply. Nobody knows what happens when you 2x the money supply in 10 years
(most of the increase in the last 3 years
) and then reduce M2 by 4%. 100% increase, followed by 4% decrease is still A LOT of currency devaluation.
Another M2 chart
