nflation sucks doesn’t it?
The sad thing is that The U.S. Dollar has been steadily inflating since the 1950’s. People always like to talk about the price of gold.
Here is a little secret: the price of gold never really goes up. The price of The U.S. Dollar goes down, and the amount you see is due to the inflation of The Dollar against gold.
Printing money never really ended out well for anyone who did, yet here we are with a $1.9 Trillion stimulus.
Many people are wondering why The Fed won’t release M1 and M2 figures, and they’re kind of scared about it.
I can’t say I blame them either given the history of currency and money in this country.
Could massive inflation be coming soon?
What exactly is the fed up to?
Read on, and come to your own conclusions:
“BLS REPORTING RUNAWAY INFLATION a la 1970’s … Soon @POTUS Biden will succeed in making EVERYTHING unaffordable for most of us in America! A worthless U.S. $dollar,” – Hamilton4Nevada -> The People’s Governor (R) in 2022#NVleg @NVGOP @rgj @SteveSebelius @JLangelerNews #RJnow https://t.co/V8f22w756V
— Governor EDDIE "MrLasVegas" HAMILTON in 2022Nevada (@VegasHamilton) April 14, 2021
Market News:
The dollar neared three-week lows against the euro and yen on Wednesday after a higher-than-expected rise in U.S. consumer prices. It did not stoke concerns of accelerating inflation and the Federal Reserve's tapering.#IPGGroup https://t.co/5Px3ZMlaWw
— IPG Group (@ipg_group_) April 14, 2021
Reuters reported:
Gold prices inched higher on Wednesday,
extending gains from the previous session after data showing a
bigger-than-expected rise in U.S. inflation boosted bullion’s
appeal as a hedge against it and weighed on the dollar and
Treasury yields.Spot gold rose 0.2% to $1,747.49 per ounce by 0125
GMT. U.S. gold futures were steady at $1,747.40 per
ounce.Consumer prices in the United States soared by the highest
in more than 8-1/2 years in March, setting off what most
economists expect to be a fleeting spell of higher
inflation.The U.S. dollar fell to three-week lows, making gold
cheaper for holders of other currencies, while benchmark 10-year Treasury yields also inched down.
My friends and I have shifted our goals from becoming billionaires to trillionaires.
Not because it sounds crazy; only because the fed is making it easier with all of this money printing! 💸
— Adam J. Carswell (@IXcarswell) April 15, 2021
Fed gets away with printing because velocity collasped. Now that they already spent the printed money, how would they stop inflation when velocity spike from opening up? https://t.co/Bed3lfm4IE
— Louis Wong (@Leeo2680) April 15, 2021
Seeking Alphahad more on the story:
The Federal Reserve has shut down its money supply data as money supply has increased 500% and inflation is a major threat.
The M2 money supply is up 30% in the past year.
A financial crisis is coming and fears that they stopped reporting the money supply because they believe they will need to produce even more money to pump into the economy.
The Federal Reserve has stopped reporting its money supply data as often as money supply has significantly increased (here), making inflation a major threat. In a recent video, Michael Cowann said that the Federal Reserve has stopped recording the increase in the M1 and M2 money supply, which he said is a major crime against the American people.