The Warsh Fed is Growing Money Supply at the Fastest Rate since Covid - SchiffGold.com
The Warsh Fed is Growing Money Supply at the Fastest Rate since Covid - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
The Fed expanded M2 by $463 billion in July alone — the fastest monthly growth since March 2021. Warsh spent six months claiming he would end "reckless accommodation," then hit the inflation accelerator the moment Treasury yields crept above 4.5%. This isn't counter-cyclical policy, it's bond market capitulation dressed up as liquidity management.