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Experts Warn Of Record Evictions, 5 Million Households At Risk, M1 Money Supply Surges 64.5% In 2020
Experts are warning we are on the verge of record evictions in only 16 days. The eviction moratoriums are set to expire on Jan 1 and current estimates are between 2.5 and 5 million households are facing eviction. The story has been "look at stocks" since we entered the recession but it probably should have been reversed because the record money printing doesn't seem to be enough. Another disturbing point is the reports that unemployment has all but recovered and I heard a program saying around 5 million are unemployed but when you look at all of the subcategories they created there are currently 20 million Americans receiving unemployment benefits. The problem we face moving forward is money printing. They have increased the M1 money supply of the United States by 64.5% in 2020 alone and I know some people always come to say the dollar will never enter hyperinflation. Looking at the break in the long-term trend it seems we've entered no man's land so my question is... how do you know?
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