2020:
-US & Iran on the brink of a war
-Virus outbreak
-Recession starts
-Oil prices go negative
-40M people unemployed
-Fed prints record amounts
-Government borrows record amounts
-US & China relations heat up
-Riots everywhereAnd stocks are record overvalued.
Adding up? pic.twitter.com/HOuVDfzLb8
— Otavio (Tavi) Costa (@TaviCosta) May 31, 2020
Global fiscal support during the COVID pandemic, in one chart https://t.co/ij9d3wJa1X #COVID19 @IMFNews pic.twitter.com/A1jM7Cloo0
— World Economic Forum (@wef) May 31, 2020
???? Latest data confirmed #G7 CBs combined balance sheet kept climbing sharply in May (~$700Bn). pic.twitter.com/rXJGeObCtV
— Christophe Barraud???? (@C_Barraud) June 1, 2020
???????? Lenders are sitting on $1.9 trillion of new deposits that have flooded in since March 11 — a 14% increase through May 20 — and marking the biggest two-month jump along the way since at least 1973, when comparable data are available – Bloomberg pic.twitter.com/A1tq9nROqH
— Christophe Barraud???? (@C_Barraud) June 1, 2020
You can increase Fed balance sheet & money supply as much as you want, if the money goes into asset transactions rather than GDP transactions it will not be inflationary, DB shows. For past 20yrs, increase in money supply relative to GDP is having a negative impact on inflation. pic.twitter.com/UxhZtnLgsF
— Holger Zschaepitz (@Schuldensuehner) June 1, 2020