Inflation sucks doesn’t it?
The sad thing is that The U.S. Dollar has been steadily inflating since the 1950’s. People always like to talk about the price of gold.
Here is a little secret: the price of gold never really goes up. The price of The U.S. Dollar goes down, and the amount you see is due to the inflation of The Dollar against gold.
Printing money never really ended out well for anyone who did, yet here we are with a $1.9 Trillion stimulus.
Many people are wondering why The Fed won’t release M1 and M2 figures, and they’re kind of scared about it.
I can’t say I blame them either given the history of currency and money in this country.
Could massive inflation be coming soon?
What exactly is the fed up to?
Read on, and come to your own conclusions:
Gold prices inched higher on Wednesday,
extending gains from the previous session after data showing a
bigger-than-expected rise in U.S. inflation boosted bullion's
appeal as a hedge against it and weighed on the dollar and
Spot gold rose 0.2% to $1,747.49 per ounce by 0125
GMT. U.S. gold futures were steady at $1,747.40 per
Consumer prices in the United States soared by the highest
in more than 8-1/2 years in March, setting off what most
economists expect to be a fleeting spell of higher
The U.S. dollar fell to three-week lows, making gold
cheaper for holders of other currencies, while benchmark 10-year Treasury yields also inched down.
Seeking Alphahad more on the story:
The Federal Reserve has shut down its money supply data as money supply has increased 500% and inflation is a major threat.
The M2 money supply is up 30% in the past year.
A financial crisis is coming and fears that they stopped reporting the money supply because they believe they will need to produce even more money to pump into the economy.
The Federal Reserve has stopped reporting its money supply data as often as money supply has significantly increased (here), making inflation a major threat. In a recent video, Michael Cowann said that the Federal Reserve has stopped recording the increase in the M1 and M2 money supply, which he said is a major crime against the American people.