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Another election has come and gone.
And the winner is... the state.
The money printers will continue to churn, that much we can expect.
In the past 12 months, the amount of US Dollars in existence rose by over 41%.
25% of all money ever created by the FED was created in the last 12 months. Let that sink in. It's no wonder bitcoin rose back above $15k today for the first time in almost 3 years.
USD money supply chart:
https://fred.stlouisfed.org/series/M1
Support the show
5
2020 ratings
Another election has come and gone.
And the winner is... the state.
The money printers will continue to churn, that much we can expect.
In the past 12 months, the amount of US Dollars in existence rose by over 41%.
25% of all money ever created by the FED was created in the last 12 months. Let that sink in. It's no wonder bitcoin rose back above $15k today for the first time in almost 3 years.
USD money supply chart:
https://fred.stlouisfed.org/series/M1
Support the show
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