Back to the Rabbit Hole
The Impact of Recent Money Printing: Legalized Theft
If you’re wondering why your grocery bill has skyrocketed, look no further than the recent frenzy of money printing by the Fed. The M2 Money Supply represents the total amount of dollars in circulation. In the last five years alone, trillions of dollars have been conjured out of thin air. The U.S. government and Federal Reserve have turned on the printing presses and let them run wild, flooding the market with new dollars. Every new dollar printed dilutes the value of the ones in your pocket. It's like taking wealth from tomorrow’s pockets to pay for today’s problems, leaving the next generation with less, while shouldering the costs of today’s excesses. In 2020 alone, the U.S. grew the money supply by $3.8 Trillion. This represents around 20% of all dollars ever created . . . in a single year. This equates to $120k printed every second of every day in 2020. They call this “stimulus” or “economic support.”
I call it theft.