Printers are turning back on!🖨️

The annual variation of the global money supply (M2), measuring the largest economies in the world, has already turned positive again in 2023.

https://m.primal.net/HKIS.webp

After the most abrupt period of monetary contraction in recent history, the monetary base of countries such as the USA, China, UK, Canada, Japan, Australia, India and the Euro Zone is rising again.

This expansion of the monetary base was already being felt in the inflation of financial assets.

https://m.primal.net/HKIZ.webp

Typically, "riskier" stocks and assets are more sensitive to changes in the money supply. Something bitcoin has done quite well.

Bitcoin, like stocks and other assets perceived as "risky", has a tendency to capture this increase in liquidity.

It's only a matter of time before asset prices rise and further expansion continues. At this point, investors who took a while to position themselves will end up regretting it.