The best summary.

Sic et simpliciter

lol Jeff Snyder

Love it. Data sources so we can replicate it?

2008 really gave them the justification to turn up the printer and not look back.

Thanks to Satoshi for seeing it for what it was.

Jeff Snyder? 😂

nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhkummnw3ezumtpd35kutn0dekqz9rhwden5te0dehhxarjwdshganp9ehx2aqkrad8wOverall I agree. I've gone through that whole journey myself. However I'd make a slight tweak. I'd say it's even more simple... "Government prints money". At first that sounds like a layman misunderstanding that a credentialist economist would scoff at " Government is not in charge of monetary policy you ignorant pleb hahaha, that is why we have an independent institution in the central bank." But once get to the bottom of the rabbit hole, it is in fact as simple as that, The Fed is just a tool that government uses to deflect blame and responsibility, in order to hide the money printing in plain sight.

here in Argentina it has been a fight between whether BM or M2 are the driving factor of inflation. And as the arguments continue forever with no end in sight prices keep going higher and M2 keeps going higher while BM stays stuck and ppl just fight to be right instead of solving the freaking problem D:

and this train keeps on rollin'

Told ya! 🤣

nostr:nevent1qqsg6xw8xh552aahevpawulq4nl5lulvtcfz4dg0ewk2nw55ehrfc2szyr4tpe6k6v4cp0x5vneas39cqspsxp66z04tcdve5a3vntr6hy057qcyqqqqqqg6l0tgm

Why am I thinking about George Gammon? 🤣😂

The key point is 2008. From there it seems that something so big has been triggered that it will be impossible to go back.

Biggest theft in human history in 1 chart.

~10x 🤔

is fractional reserve causing this?