
This is insane.
You're living through the greatest heist in human history. The amount of money that the Federal Reserve has printed this year is absolutely astonishing. As you can see from the tweets above the M1 money supply has increased by 55% since February, the M2 supply is up by 22.5% this year, and the velocity of money has absolutely collapsed. If one is going to print trillions of dollars in the name of saving the economy, you'd hope that they'd at least pay a bit of attention to the velocity of that money printed because it would let them know whether or not those newly printed dollars were matriculating throughout the economy as they hoped. Apparently our incompetent leaders at the Fed and in the Treasury have been asleep at the wheel because their policies are having the exact opposite effect of their stated intention.
US M1 money supply has increased by 55% since February.
— Sven Henrich (@NorthmanTrader) December 5, 2020
35% of all US dollars in existence have been printed in 10 months.
Just ponder this. pic.twitter.com/rBRx0kdHGk
Check out the disparity on these two charts -just in 2020 alone.
— Preston Pysh (@PrestonPysh) December 6, 2020
A growth in M2 money supply by +22.5%
Velocity of money DOWN by -20%
Printing is nesting itself into bonds and stocks. It's causing massive destruction of the middle class. You might want to checkout #Bitcoin... pic.twitter.com/QBFJ6EhTUz
You're living through the greatest heist in human history. The amount of money that the Federal Reserve has printed this year is absolutely astonishing. As you can see from the tweets above the M1 money supply has increased by 55% since February, the M2 supply is up by 22.5% this year, and the velocity of money has absolutely collapsed. If one is going to print trillions of dollars in the name of saving the economy, you'd hope that they'd at least pay a bit of attention to the velocity of that money printed because it would let them know whether or not those newly printed dollars were matriculating throughout the economy as they hoped. Apparently our incompetent leaders at the Fed and in the Treasury have been asleep at the wheel because their policies are having the exact opposite effect of their stated intention.
Here's what's really going on. Take a look at the S&P 500 overlaid with M1:
What you are looking at is a massive wealth transfer from the poor to the rich playing out in real time. The individuals who have been forced to stay home from work, prevented from opening their businesses, and handed a $1,200 check in March are not benefiting from the gains being made in the stock market. The kleptocrats in power are bleeding the most vulnerable among us dry and they are actively preventing them from fighting back by forcing lockdowns on them in the name of sCiEnCe. We can debate whether or not these actions are coming from a place of malice or incompetence, but there is no denying how unfair the results of these actions are. The long-term economic and psychological effects these actions will have on the masses is incalculable.
The immediate consequences are already very apparent. Small businesses are shutting down en masse, the young are experiencing a collective psychiatric breakdown, and all common sense has been thrown out the window. Here's a chart from LA County and a retrospective on Florida's opening of their economy that should give every single one of you freaks who is pro-lockdowns pause:
According to National Health Foundation data, Los Angeles county ICU occupancy baseline rate is 90%, rising to 98% in flu season.
— Yinon Weiss (@yinonw) December 7, 2020
How does it make any sense to close down businesses at 85% occupancy when 90% is the baseline?
This is the year of total madness. pic.twitter.com/bkHTSoikQs
#USA covid summary in 2 mins - gives the overview for our American friends - short and informative: pic.twitter.com/d6l0dfPN4f
— Ivor Cummins (@FatEmperor) December 7, 2020
These facts do not compute with the mainstream narrative that is being forced on the masses by a mainstream media that has consistently misled the people they are supposed to be informing time and time again. In the 21st century alone the media, acting as a lapdog for the kleptocratic elite, has gotten us into the Iraq War, scapegoated the big banks after the 2008 financial crisis, fear mongered about SARS and Ebola, and worked to silence political candidates who aren't given the establishment stamp of approval.
What has unfolded in 2020 is absolutely disgusting and evil. The level of hypocrisy emanating from politicians and the media is at all time highs. These scumbags are taking away God given liberties from everyone while they consistently refuse to follow their own directions by taking luxurious trips and treating themselves to Michelin star caliber meals. If there was ever a time for a revolution, it's right now at this very moment.
The Great Heist of 2020 is one of the most egregious and EVIL things that has happened in recent history. The people in power should not be trusted. They are incompetent and hypocritical.
We must rally around systems that are completely separated from these psychopaths. Grassroot movements like Bitcoin that give power back to the individual and render those drunk with power obsolete.
Stop the heist! Stand up for yourself, your future, and the future of your children. It's way over due at this point.
Here are two more charts that highlight just how insane this year is.
COVID death age distribution compared to all deaths for 2017, 2018 and 2020. pic.twitter.com/9xtOCTLiDi
— Tom (@MrEckert84) December 6, 2020
During and following the 2007 recession, every month I posted a graph showing the percent jobs lost during the recession compared to previous post-WWII recessions.
— Bill McBride (@calculatedrisk) December 5, 2020
Some people started calling this the "scariest jobs chart ever". Here it is through November 2020. pic.twitter.com/cOYJwRC8h3
Final thought...
I want to learn how to farm.