“People don’t like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today.”
~ Robert Kiyosaki
Written by Bryan Lutz, Editor at Dollarcollapse.com:
What was meant to reduce inflation, slow down the accumulation of debt, and reduce everyday costs for the average American, didn’t work.
Growth of the US money supply is accelerating.
Money supply grew YoY in November for the fourth month in a row,
This comes after the biggest drop in M2 Supply since the Great Depression.
But, it isn’t only the numbers that look shaky.
It’s the oncoming White House administration’s lack of reverence for debt…
Of which Trump has no fear.
He’s more than willing to unknowingly follow the recession trend.
Recessions usually occur after a few years of either a contracting money supply, or slowing money supply.
Then, following contraction, when the money supply begins to increase, recessions follow.
If you take a look at the last several recessions in the US…
In the mid-90s…
After the “dot com” bubble…
And then after the GFC (2007-08)…
The same pattern occurred.
Now, more money will create more inflation, dog-piling onto the already overburdened average American with maxed out credit cards.
Meanwhile, the main and major factor for the sudden rise in M2 Supply, government spending is being ignored.
And that means, if government spending isn’t reduced quickly, inflation could be as sticky as Trump’s next four years.
