The Money Supply

[oralaccents]

The us money supply has exploded under trump, yet inflation is virtually zilch.

Is there a new economics or are we just in the mother of all bubbles?

 

[Que]

The us money supply has exploded under trump, yet inflation is virtually zilch.

Is there a new economics or are we just in the mother of all bubbles?

That bubble started under Johnson was given a supercharger under Nixon and at this point everyone's pretending that that's not even a thing.

Modern Monetary Theory basically says that the one hard-and-fast rule that every actual Economist agrees on doesn't actually apply which is that if something cannot continue indefinitely it won't.

Lady Funk was the one that finally got me to wrap my head around how this impossibility is continuing at least for now.

Petro-dollars. When that ends we end.

 

[trysail]

https://fred.stlouisfed.org/graph/fredgraph.png?g=o7CQ


https://fred.stlouisfed.org/graph/fredgraph.png?g=o7D0

​

 

[oralaccents]

Hey, nice graphs, nonbinarysail.

 

[SissySalina]

If you print it, they will use it.

 

[DawnODay]

The us money supply has exploded under trump, yet inflation is virtually zilch.

Is there a new economics or are we just in the mother of all bubbles?

This is is interesting, if your premise is correct.

Trysail's data suggests otherwise, which is consistent with my understanding. While there are reports that Trump wants to loosen the Fed to head off any significant slowdown before the 2019 elections, I have seen no information suggesting it has happened yet.

Can you cite a source for your premise that the "money supply has exploded under trump [sic]"?

 

[oralaccents]

Nope. It just had a nice ring to it.

 

[SpeareChucker]

A discussion of money "supply" that doesn't include The Fed.



But we made sure to mention Trump.



Interesting...



not

 

[oralaccents]

Once Mnuchin figures out how to cut those sheets of hundreds, it’s all over.

 

[SpeareChucker]

Have you gotten your Economic understanding from a "graphic novel?"

 

[trysail]

"Seek truth from facts."

-Mao Zedong (f/k/a Mao Tse-tung)​

​

 

[trysail]

"“What are the facts? Again and again and again – what are the facts? Shun wishful thinking, ignore divine revelation, forget what “the stars foretell,” avoid opinion, care not what the neighbors think, never mind the unguessable “verdict of history” – what are the facts, and to how many decimal places? You pilot always into an unknown future; facts are your single clue. Get the facts!” "

-Robert A. Heinlein
"The Notebooks of Lazarus Long"
Time Enough For Love​

​

 

[SpeareChucker]

Always cut cards.

 

[oralaccents]

Have you gotten your Economic understanding from a "graphic novel?"

Nothing so complex.

I look at my bank accounts on my smart phone.
Very smart, that smart phone. Maybe the smartest phone. It's modest, okay?

Mo money, economy good;
no money, economy bad.

 

[SpeareChucker]

Have you even looked into the actual fact of the money supply, who controls it and what their policies have been since the Trump election?

 

[oralaccents]

Have you even looked into the actual fact of the money supply, who controls it and what their policies have been since the Trump election?

Yes, I have, quite extensively.

https://pedrofeliz3b.files.wordpress.com/2017/08/louise-linton_l8.jpg?w=770

 

[SpeareChucker]

Your OP puts a lie to that claim.



Sorry.

 

[oralaccents]

Your OP puts a lie to that claim.



Sorry.

Sorry? Are you Canadian?

 

[SpeareChucker]

No.



Just polite.

 

[oralaccents]

No.



Just polite.

I just Googled a chart to show you how important this issue really is:

https://seekingalpha.com/article/4267491-u-s-money-supply-growth-production-structure-signs-aging-boom

Trust me, it's very sobering and impressive.
Best chart ever.

 

[Shelly2inme]

Global economy is a house of cards and...

It is not just a question of the U.S. economy. The global economy is woven together and is a house of cards. With mathematical certainty it WILL collapse. It has been past the tipping point for a long time and the forces wrecking the economy are pressing harder all the time. Trump is just a temporary counter force but in time the idiots that think money is magic will huff and puff enough to blow the house down.

 

[oralaccents]

It is not just a question of the U.S. economy. The global economy is woven together and is a house of cards. With mathematical certainty it WILL collapse. It has been past the tipping point for a long time and the forces wrecking the economy are pressing harder all the time. Trump is just a temporary counter force but in time the idiots that think money is magic will huff and puff enough to blow the house down.

Broken clock, twice a day.