The world has seen a large increase in money supply in response to the financial crisis of 2008 and the Covid pandemic. Charts from the Federal Reserve Economic Data show a sharp increase in M1 money supply driving a steady rise in M2 money supply. This is causing an increasing CPI.
What is worrying is that the money supply seems to take a long time to increase prices of goods and services. We may see years of very high inflation.
High inflation is devastating and a good strategy is needed to survive the destruction of wealth. I have traveled in a number of countries as they were experiencing hyperinflation, namely Argentina, Venezuela, Indonesia and Zimbabwe. While everyone...
The world has seen a large increase in money supply in response to the financial crisis of 2008 and the Covid pandemic. Charts from the Federal Reserve Economic Data show a sharp increase in M1 money supply driving a steady rise in M2 money supply. This is causing an increasing CPI.
What is worrying is that the money supply seems to take a long time to increase prices of goods and services. We may see years of very high inflation.
High inflation is devastating and a good strategy is needed to survive the destruction of wealth. I have traveled in a number of countries as they were experiencing hyperinflation, namely Argentina, Venezuela, Indonesia and Zimbabwe. While everyone...