I wish we could plot this with total liquidity.
Their programs increase liquidity even as they "tighten"
Even this chart is a facade to reality.
Discussion
In other words: Even the narrative that inflation is coming down and fight is won is a scam. The nurse, the truckdriver and the policeman will never understand that this does not mean 1974 prices.
Well, in a debt-based currency, you can only have monetary deflation by retiring debt.
Nobody actually wants that.
I'd say their tightening is a complete scam.
Kills the productive economy for the appearance they're doing something...
As the net liquidity still increases.
Effectively printing as they "tighten"
This was one great chart nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a shared on DedBird a month ago. Weren't we "tightening" most of last year?
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