Hyperinflation Coming Soon?
Here’s a very interesting graph…
It is horrifying what the Fed and Treasury injected in percentage terms. A true measure of comparison can be seen in the 3 months of 2008 when the Fed accomplished more than in the 7 years from 1929 to 1937.
This is beyond all reason, having its own new and terrible consequences well in excess of the consequences of the 1929 and 1932 breaks.
….whatever it means, it can’t end well, that’s for sure.
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