Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by our Director of Research Daryl Jones.
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In the Chart of the Day, we highlight the year-over-year change in money supply, which hit +$7.3 trillion in September. This also compares to periods of major global economic disruption, such as the pandemic and the Great Financial Crisis. Unfortunately, the downside of "money, money, money" is weakening currencies and, eventually, accelerating inflation. While inflation might not be a problem for the wealthy, for the rest of us, rising prices are certainly bad news for the monthly budget. |
If you're tired of MSM/CNBC narratives and BS financial research, we encourage you to take a closer look at the Early Look. You can thank us later.
