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Convoy: "This Chart Has Been The Driver Of Asset Prices Over The Last Decade"

By: capt_nemo in POPE 5 | Recommend this post (2)
Mon, 21 May 18 5:24 AM | 58 view(s)
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Msg. 01228 of 62138
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HOW can this be with all the printing since 2008?? I'm confused.......

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Tightening money supply

This year has been a process of normalization in financial conditions. Below I show the estimated money supply in the US, which rose fairly steadily before we saw a spike in 2008. That spike lasted until the end of 2014, after which the Fed began to withdraw money from the system. US money supply shrank for the first time in almost a century.

http://www.zerohedge.com/news/2018-05-20/convoy-chart-has-been-driver-asset-prices-over-last-decade

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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