Let 'er rip, tater chip...
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wrote on 25 Apr 2023, 21:03 last edited by
If that's what it takes to make the Washington idiots financially responsible...
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wrote on 26 Apr 2023, 03:34 last edited by
I thought this was interesting. I believe that @jon-nyc spoke about this before.
"Eighty-five percent of all of the dollars in circulation have been created in the last 15 years. And it's purely to fund federal deficits, ..."
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I thought this was interesting. I believe that @jon-nyc spoke about this before.
"Eighty-five percent of all of the dollars in circulation have been created in the last 15 years. And it's purely to fund federal deficits, ..."
wrote on 26 Apr 2023, 11:14 last edited by@taiwan_girl , your chart stops at 2012.
Try this: https://fred.stlouisfed.org/series/BOGMBASEThe St. Louis fed chart has data up to the last quarter.
Spoiler alert: the line goes up a lot more after 2012.
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wrote on 26 Apr 2023, 11:23 last edited by
That graph stops a decade ago, tg. The reality is much worse.
Three years ago this month, the fed quadrupled the money supply in a single month.
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wrote on 26 Apr 2023, 11:39 last edited by
And seeing as how the dollar is the highest traded currency in the world at close to 3 trillion dollars per day, maybe US fiscal policy has a bigger effect on the rest of the world than previously suspected?
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wrote on 26 Apr 2023, 11:40 last edited by
US monetary policy certainly does.
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wrote on 26 Apr 2023, 11:48 last edited by
Hard to buy votes when you run out of money.
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wrote on 26 Apr 2023, 15:14 last edited by