Global M2 monetary supply is already starting to increase again.
Three examples of how:
- Lower interest rates literally translate immediately into lower variable/short term debt payments (e.g., HELOCs, credit card loans, small business loans), meaning higher cash savings for individuals and businesses... that is, higher M2.
- A weaker US dollar means better foreign currency exchange rates, and easier (US denominated) debt repayments around the world... increasing M2.
- Economic growth means more bank lending and growth of M2.
Also watch China & the international stage. Japan too.
Next 12 months are going to melt faces.
Yeah China’s latest stimulus is huge…will it work though? If it weakens their currency the poor things still can’t buy bitcoin!
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@Dr. Jeff Where do you track this with accuracy that isn’t with Bitcoin Magazine Pro sub?
Thank you for the response Dr. Jeff