Well well here we go, the US broad money supply fell through 2022, but since spring 2023 it has been flat. What’s next?
Under the flat scenario, it would need to remain flat until 2028 in order to get back to the pre-pandemic growth trend in money supply. Not sure I see this.
But what I do see is a deflationary monetary policy with Bitcoin and a halving in April! I’ve picked my pony in this race!