![]() McMaken noted that the Fed’s assets are up about 600% from just before the 2008 financial crisis. In a recently published article by Ryan McMaken of the Mises Institute, Mr. That is simply mind-boggling when you let that fact sink in. M2 includes currency and deposits that are immediately available like checking accounts and money that is available but may be subject to withdrawal penalties like time deposits and money market accounts. M2 is immediate money as well as ‘near-immediate money’. The growth in the M2 money supply has increased by 37% year-over-year in November. It now seems fairly evident that the latter is the path on which we are traveling. ![]() Deflation or inflation followed by deflation. Ever since publishing his best-selling book “New Retirement Rules” more than five years ago, Dennis Tubbergen has been forecasting one of two economic outcomes.
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