There’s Nothing to Do Except Gamble

Re:There’s Nothing to Do Except Gamble by tim333 on Thursday April 15, 2021 @08:05AM (#26819395)

Ha. I was skeptical about the unprecedented bit but googling seems to indicate you are correct, at least for the US https://mobile.twitter.com/fgmr/status/1355105955982282752

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Re:There’s Nothing to Do Except Gamble by quickthrowman on Thursday April 15, 2021 @09:53AM (#26820528)

You need to look at velocity of money in conjunction with the money supply to get the true picture: https://fred.stlouisfed.org/series/M2V

The tweet you linked leaves out half the story, which is that money velocity is down greatly, thus the increase in money supply hasn’t caused rapid inflation.

https://www.stlouisfed.org/on-the-economy/2014/september/wha...

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Re:There’s Nothing to Do Except Gamble by tim333 on Thursday April 15, 2021 @10:03AM (#26820629)

Yeah though what happens when people go out again?

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Re:There’s Nothing to Do Except Gamble by mariojv on Friday April 16, 2021 @12:56AM (#26829653)

The Fed sells its assets to decrease the USD supply and raises rates. My best guess is a short period of higher inflation and then a correction, but who knows.

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Re:There’s Nothing to Do Except Gamble by imtringued on Thursday April 15, 2021 @04:12PM (#26825557)

Hopefully people spend their money and corporations invest their money to meet the demand.

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