That's not an answer. M2 is much more than just printed money. And, even so, do you know how to read a graph? M1 and M2 exploded UNDER TRUMP, in 2020.
I did not mention Trump nor Biden. Why are you deflecting to that? I asked a simple question you haven't answered. Let me know when you want to answer so we can discuss and hopefully learn.
Exactly. The money supply is mostly controlled by the Fed. It’s been printing money like crazy since 2008. It was exacerbated by excessive spending by congress and the presidents (all 3).
course not that is the even etymology of the word, inflating the money supply. i dunno how many times i gotsta repeat this dont mean literally printing money, i mean, as i have said many many times, inflating the money supply. the key word is the inflation of the money supply, which is inflation, as "inflated" money supply means "inflated' prices here, read up, amigo: https://en.wikipedia.org/wiki/Inflation growth in the money supply,[6]... is typically the dominant causal factor thats why they call it that, the word orignates from inflation of the money supply, which biden and the dems are doing at insane rates.
No, you actually meant PHYSICAL printing of money. That's obvious to anybody who reviews your posts. But you're STILL wrong: inflation DOES NOT mean "growth in the money supply", either. Do you even know the difference between things like cause and effect, action and consequence, tactic and result? And now that we've established that the money supply exploded UNDER TRUMP are you going to retract your claim that Biden is the cause of our current state of inflation?
No it doesn't. Your boy, Fanatic, lied and claimed that she died from taking the booster shot three days previous to her death. This has been widely debunked by her manager, her agent, close friends and the coroner. THIS was the question, not whether she EVER received the vaccine or booster. If, as you claim, it is hard to rule it (that she had the booster three days before her death) then you should be able to produce something to support your claim.
From 2008 to 2020 the Fed has done an amazing job of keeping inflation under check even while increasing the money supply, because growth in the money supply was not even the primary factor, obviously, behind inflation in our economy during those years. So now we're on the same Fed path, with government stimulus added on top of that, but those are all necessary evils, in my view, to keep the economy from crashing within a pandemic. Unemployment is at record lows, GDP is growing at a clip we haven't seen since Reagan. And money growth and spending inside the USA is certainly not the entire picture, just as all along, because they don't account for the fact that inflation right now is GLOBAL. The more dominant factor is that demand is overwhelming supply all over the world.
GDP grew 5.7% while inflation was 7%. How do you evaluate this Rex? Since the pandemic, the Fed, both Trump and Biden's Fed, have injected more than 7 trillion into the system while GDP has yet to reach pre-pandemic levels. Are you saying this injection is not the root cause of the inflation? Please ty and explain if you can your thoughts on this.
