Regarding Inflation, This Is About To Get Much Worse. Here's Why.
From Greg M
Lions. Below is a chart of the money velocity, or rate at which cash is moving through the economy, going back to 1960.
As you can see, we are currently in a downward trajectory and near historic lows.
If you look at the extreme right, black circle, you will see a bump (this is where we are now). This bump is why we are seeing inflation right now. This bump IS NOT because the economy is picking up, its the effect of un-needed bills/EXCESSIVE DEBT in the form of currency, now chasing the same/or in this case a lesser amount of goods.
IF Elizabeth Warren and President Trump get their wish for the Fed. to cut rates, this issue will worsen, and the dollar will lose purchasing power faster. Moreover, it will also allow the Fed. to monetize debt.
I covered many of these concepts and more in the video below the chart. If you have not seen it, I would suggest that you watch it.
GM
The stock market is a lie, the dollar is a lie, the government is a lie, the banks are liars, religion is a lie, and America is a lie.
Buy heavy metal. Play it if you can.
Germany got rid of Central Banks. This process was attempted pre WW1 and the empires crippled them. They eventually did it pre WW2 and the same empires divided it in 2. Germany threatened the hegemony of the British empire and subsequently the US , France etc. they made the world would not attempt this again.
We must unite as people but the mechanism in place gave made us content and even more complacent. Sadly we only mobilize when things become extreme and we don’t realize just how bad it really is. Thank you Greg.