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healthyenergy123's avatar

I am posting this here for all of us BUT, if you live in CANADA, please look this up on Twitter. Canada Health is going after ALL NATURAL SUPPLEMENTS/VITAMINS. The woman speaking is a Naturopath. It is a very short video. I pulled this from Twitter. Got to Wall Street Silver and scroll down until you see the lady (Tik Tok video). Or, post what I have below and look for it that way.

Wall Street Silver

@WallStreetSilv

Health Canada is moving forward with a plan to make vitamins more difficult to purchase.

They don’t want Canadians to have easy access to vitamins and minerals.

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IRUUR1's avatar

Greg. Can you address this? You did mention one aspect of it in your video. The article says; "With negative growth now falling near or below –10 percent for the second month in a row, money-supply contraction is the largest we’ve seen since the Great Depression. Prior to March and April of this year, at no other point for at least sixty years has the money supply fallen by more than 6 percent (YoY) in any month."

https://www.activistpost.com/2023/06/money-supply-growth-falls-to-depression-era-levels-for-second-month-in-april.html

My questions center around these points. You have been stating that contracting the money supply is the key to reducing inflation. Your solution involves the banks holding currency. This article shows graphs clearly showing money supply contraction but does not mention central banks anywhere in the article, or banks holding currency as a means to do the same. The article suggests that buying and selling alone has been the only factor.

Questions

How many fundamental ways are there to contract the money supply?

Is there a difference between the contraction we have seen in the last 2 months, and if the banks had held currency for two months, relative to inflation?

Could thing Powell be hedging his testimony about inflation coming down, on the contraction trend we now apparently see?

Thanks

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