The Fed’s Turkey Drop! M2 Growing At 25.8% While Velocity Drops Like A Bag Of Wet Cement (Top 1% Hold 28% Of Assets, Bottom 50% Hold 21% Of Assets)

Sharing is Caring!

by confoundedinterest17

Yes, The Federal Reserve is having its own WKRP Turkey Drop, except they are dropping piles cash. Powell: “As God is my witness, I thought M2 Money could fly.”

See also  People in Turkey are fleeing into gold to avoid being wiped out by hyperinflation

Sorry Jerome, M2 Money velocity is hitting the pavement like a sack of wet cement.

We are primarily funded by readers. Please subscribe and donate to support us!

But the true tragedy is the disparate effect The Fed’s 2008/9 “Turkey Drop.”

See also  Economic Turmoil Ahead! Gold to Outperform Most Major Assets!

The result was an increasing share of total assets held by the top 1% (wealth) and a decreasing share of total assets held by the bottom 50% (wealth).

Views: 2

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.