Re:Why are American workers becoming harder to find?
by dragonwriter on Monday June 07, 2021 @10:26AM
(#27422994)
Money supply isn’t a thing which varies randomly, impacting the economy but not impacted by it. The money supply hasn’t shot up as some random event which will remain static if money velocity reverts to trend, it shot up specifically as a policy response to low velocity, and increasing velocity is one of the signals which will cause 8t to be reeled back in.
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Re:Why are American workers becoming harder to find?
by rebelos on Monday June 07, 2021 @02:40PM
(#27426352)
That's a pretty bold assertion when the M2 chart itself demonstrates that broad money supply has never contracted in any substantial way. Federal and corporate debt to GDP are also at historic highs, which is precisely the environment in which the Fed prefers to let inflation run hot.