Fed's Inflation Measure Growing at an Annualised Rate of 15%.

3 years ago
39

#money #credit #M2 #CPI #federalreserve #FRED #inflation #dollar #commodities #gold #silver

Today we will look at how the new M2 data has not been able to hide inflation but has only smoothed out the charts.

We will also look at why inflation and the price rises we are seeing for consumers are not transitory or temporary and why the so-called excuse of the "base effect" is not applicable anymore.

Discontinued M2: https://fred.stlouisfed.org/series/M2

New M2: https://fred.stlouisfed.org/series/M2SL

It Gets Ugly: Dollar’s Purchasing Power Plunged at Fastest Pace since 1982. It’s “Permanent” not “Temporary,” Won’t Bounce Back by Wolf Richter: https://wolfstreet.com/2021/06/10/it-gets-ugly-dollars-purchasing-power-plunged-at-fastest-pace-since-1982-its-permanent-not-temporary-wont-bounce-back/

SUPPORT MANECO64:

Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/

GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/

Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64

Loading comments...