$USD

Total M2 stock over the past 5 years

Nearly 2x, just like our favorite shitcoins.

@SBF_Alameda when FTX M2stock-perps?

@SantiagoAuFund muh deflation?

A hyperinflationary economic collapse will probably come as soon as lockdowns are eased.

Long #Bitcoin 🚀🚀
My theory is that governments around the world knew of the solvency problems banks were facing in late 2019. COVID was the perfect “excuse” to resume infinite QE to get the banks their much needed dollar liquidity.

Faced with a potential hyperinflation scenario due to this . . .
They had no choice but to enforce widespread lockdowns to slow the velocity of money while giving liquidity to the banks. If they hadn’t done this, surely inflation would have gotten away from their control.

But locking down the economy, the velocity of money slowed so despite
The significant increase in total USD circulating in the economy, if those dollars aren’t changing hands, inflation remains *relatively* low.

It was all an excuse to try to “save” the banks and the entire fiat monetary system. #COVID is real (maybe government planned) but . . .
Lockdowns have a more sinister purpose. It’s not about saving 85 year olds, they could give less of af about that. It’s about saving the US Dollar.

Once lockdown restrictions are eased, and velocity of money picks up, we will see the beginning of the end of the USD in my opinion
Lockdowns serve one purpose, to slow the velocity of money, see below.

Do some research into the relationship between M2 Money Stock, velocity of money, and inflation.
You can follow @CrypticFelix.
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