In [Why I Want to Abolish the Fed too!], I commented: "According to the M3 statistics that I have seen, well, the shadow statistics since the official ones are no longer published by the Fed in order to conceal just how much money they have printed, the total amount of US Dollar will double the total amount it was just few years ago! This is no rocket science: the more paper money you print, the less the money is going to retain its value and, hence, the plunge in the US Dollar and skyrocketing commodity prices which are priced in Dollar." John Williams of Showdow Government Statistics talks about M3 in the following video.
Related posts:
Related link:
0 comments:
Post a Comment