Today is the 3rd ALL TIME HIGH for global M2 liquidity in 8 days.
Bitcoin lags behind GL around 100-115 days.
BTC won't see this fiat wave until AUGUST.
Don't trade Bitcoin.
THIS IS NOT FINANCIAL ADVICE.
Discussion
BTC is about to full send
Ever explore M3 and why it was discontinued?
I have not. Thanks for sending me down yet another rabbit hole.
Mezinskis on TFTC is a good place t start. He goes into it. Some of my notes that are preliminary:
Hidden M3 Monetary Volumes and Inflationary Impact
Eurodollar Market Size
* Estimated Total Market: $14-16 trillion
* Untracked in Standard Inflation Calculations
* Potential Inflationary Contribution: 3-5% additional inflation annually
Repo Market Volume
* Daily Repo Market Transactions: $4-5 trillion
* Annual Equivalent: Approximately $1.4-1.8 quadrillion
* Potential Hidden Liquidity Impact: 2-4% additional inflation annually
Comprehensive Estimate
* Total Untracked Monetary Volume: $15-20 trillion
* Estimated Aggregate Inflationary Contribution: 5-9% of unreported inflation
Comparative Analysis
* Official Inflation Rate (2024): 3-4%
* Estimated Real Inflation Rate: 8-13%
* Additional Inflation from Untracked M3: 5-9%
Caveat: These are rough estimates based on financial market observations and require sophisticated econometric modeling for precise calculation.