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Money Supply Growing at Record Rate

Added 09-23-20 02:42:02pm EST - “Economist slams surging inflation trends” - Infowars.com

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Posted By TheNewsCommenter: From Infowars.com: “Money Supply Growing at Record Rate”. Below is an excerpt from the article.

To hear Federal Reserve officials, politicians and mainstream financial media pundits tell it – there is no inflation.

In fact, the consumer price index remains “stubbornly low” according to those who view rising prices as an economic good. But inflation defined correctly is rampant. In fact, it is at all-time record levels.

Strictly speaking, inflation is an increasing money supply, and by that measure, it hs set records for five straight months.

Last month, year-over-year growth in the money supply (as measured by TMS) came in at 37.56%. That was up 36.92% from July’s record rate. In comparison, the August 2019 increase in the money supply was a paltry 1.86%.

As measured by M2, the money supply grew by 23.23% in August, nearly the same rate as July’s record of 23.29%.

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