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by vel0city
1356 days ago
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Compare 2000-2020 on that M2 graph compared to 2020-2022. Jan 2000 - 4,666.2
Jan 2020 - 15,401.8 An increase of 10,735.6 over 120 months, average monthly increase of 89.46. Aug 2022 - 21,711.4 An increase of 6,310 over 20 months, average monthly increase of 315.52 M2 grew 3.5x faster on average since 2020 than previously. I'm not directly stating this is the main or only reason for inflation, but I imagine the rate of increasing the money supply 3.5x faster than before could have some kind of effect. |
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