Money Supply is officially contracting – only happened four times in 150 years, depression & double digit unemployment followed…
1) Contracting money supply + inflation is a nasty combination. Because it means there are fewer dollars floating around in the system to pay for the higher prices. ❌💵 At some point the system "breaks" & a deflationary crash occurs. — Nick Gerli (@nickgerli1) March 8, 2023 3) All it took was a -2% contraction … Read more