F*CK THE BANKS & F*CK THE FED

Use cash. Don’t enrich the banking cabal.

Via Automatic Earth

US money supply falling at fastest rate since 1930s

Anybody seen the new Janet Yellen dollars in circulation yet?

Via Reuters

Illustration shows U.S. dollar banknotes

ORLANDO, Florida, March 29 (Reuters) – U.S. money supply is falling at its fastest rate since the 1930s, a red flag for the economy and financial markets.

Money supply has now been shrinking year-on-year since December, an unprecedented development in modern times that should make investors sit up and take notice – growth, asset prices and inflation could all weaken.

It is largely a consequence of the reversal of the liquidity generated by massive post-pandemic fiscal and monetary stimulus, the Federal Reserve shrinking its balance sheet via quantitative tightening, falling bank deposits, and weak demand for and provision of credit.

Continue reading “US money supply falling at fastest rate since 1930s”