Weimar 2.0 Update: March 13, 2021

As of February 1, 2021, the US money supply (“M2”) was $19,432.4 million – call it $19.4 trillion. That’s up ~$4 trillion YoY or ~26% YoY.

Remember that mark – a 26% YoY increase in the money supply against a GDP that declined ~1% YoY.

And while you’re remembering consider, daily Federal spending closed out the week at $53 billion compared to $39.3 billion a year ago.

That’s a 34% increase YoY. So, more to come.

All that before the $1.9 trillion in the American Rescue Plan Act.

Party on, Wayne.

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 )

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

%d bloggers like this: