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Just saw some pretty intense data: U.S. M2 rose 4.8% year-over-year in February, hitting a new high of $22.6 trillion directly, and it has been increasing for 24 straight months.
The current money supply is about $700 billion higher than the peak in March 2022.
Since the start of the pandemic, M2 has been printed an additional $7.1 trillion in total, averaging about $1.2 trillion per year.
Looking over a longer span, since 2000, the money supply has been rising at roughly a 6.2% pace each year.
Put simply, the U.S. dollar’s purchasing power really is accelerating its decline.
Just saw some pretty intense data: U.S. M2 rose 4.8% year-over-year in February, hitting a new high of $22.6 trillion directly, and it has been increasing for 24 straight months.
The current money supply is about $700 billion higher than the peak in March 2022.
Since the start of the pandemic, M2 has been printed an additional $7.1 trillion in total, averaging about $1.2 trillion per year.
Looking over a longer span, since 2000, the money supply has been rising at roughly a 6.2% pace each year.
Put simply, the U.S. dollar’s purchasing power really is accelerating its decline.
#Nasdaq #BTC #SP500 📈