ps20

Unpackaged

One thought on “ps20

  1. The Fed is far from the only entity that can create money. The top 5 central banks in the world are currently growing their balance sheet at over 20%/year. U.S. Federal debt is growing at about 10%/year ($1.3T). Z1 total credit and M3 are up about 4%/year. Derivatives money creation is running at about 19oylear.Ve/%city has leveled out and is moving up slowly, both US and world.etc etc etc.In Orwell-ese, price stability means inflation is running at 7-8% world wide.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s