Money Supply Growth Continues at an Elevated Pace Despite Fed’s tough Talk - SchiffGold.com
Money Supply Growth Continues at an Elevated Pace Despite Fed’s tough Talk - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
The Fed raised rates seven days ago and called it restrictive. M2 is still growing. That's the tell: Treasury borrows $1.9 trillion in a year, the Fed buys enough bonds to keep yields under 5%, and someone prints the difference. The tough talk is for the transcripts — the actual money supply says accommodation never stopped.