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IPFS News Link • Economy - Economics USA

WHY M1 MONEY SUPPLY (CASH) IS SKYROCKETING LIKE NO TIME IN HISTORY

• https://www.zerohedge.com, BY KNAVE DAVE

In my last Patron Post, which I eventually made available to everyone, I revealed a little-known (at the time) fact that M1 money supply (the most liquid forms of cash — bills, checks and basic savings accounts) had grown faster than any time in history. I showed that using a graph like the following, which is now brought up to the most current data:

With part of December now in the picture, you can see the faintest hint at the top of the steep late-November climb that shows the climb may be rounding off.

I noted,

That is a massive amount of new cash money — historically massive — done almost covertly in the quickest burst ever — and yet it did not even cause the stock market to blink!… The graphs … make it clear why inflation under the new regime could become a much more serious problem than the limp moves seen over all the years of the Great Recovery, the difference being how fast the Fed's QE is now converting into cash

… and I asked,

Why did such an enormous surge in money supply happen in the last two weeks of November with no financial articles being written about it and no statements from the Fed about it? What is going on behind the scenes at the Fed and/or US treasury right now?

…and I promised I would look into and get back to you on it.

I think that I may have found a couple of answers, so I am getting back to you on that as promised.


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