BofA Warns The US Might Go Full Weimar Republic, People Moving = Money Moving = Hyperinflation
3 years ago
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Bank of America dug into the feds monetary policy and warned the US might go full Weimar Republic due to the insane money printing.
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The short version is people moving equals a spike in money velocity according to Hartnett and the pickup in money velocity will send all those extra dollars chasing fewer items. Historically speaking we are following the path of the Weimar republic as He points out several times
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