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PHICAPITALINVESTMENTS
Jul 28, 2020 10:18 PM

20% Increase in Currency Supply in 4 months! 

M2 Money StockFRED

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Just making an observation that the total amount of currency in circulation (Physical + Bank Credit) has increased an unprecedented 20% in the last 4 months. I believe, when we are looking at this chart, we are looking at a Credit Bubble.

Something that bothers me. Current National Debt is around 24.2T, however, we have 18.4T in total dollars in circulation. So even if you use every dollar in existence to pay off the National Debt, you still have 5.8T USD in debt remaining... how does that get paid off?? Need to dig more into this.
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