I present to you

... a financially clueless man.

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m1 was redefined, how does this gook not know

He’s right, ya know

But he's right.
All of the money printed in the past 2 years was tied up in investments on the Fed balance sheet.
The current inflation is almost purely down to supply chain issues from Covid and the Ukraine war.
And Biden killing domestic oil in the US.

Complete the sentence my fellow libtard media droids: _____ did this!

Niggers

Well, he had to read a couple of paragraphs below the chart. That's too much to ask in the days when knowledge is disseminated by Elon Musk tweets and contains at most a sentence of text.

>due to covid and ukraine

bullshit, we were in trouble way before. thats the excuse retards who watch the mainstream news cope for

Weird how a Chinese guy doesn't know the impact of Covid

>bullshit, we were in trouble way before
Part of the money printed in the past two years was printed before the past two years?

>money printed
>Covid
Afaik the printer was switched on before Covid. Obv we could start a conspiracy that they knew, but if we're wrong by being schizo we won't financially benefit as we will misinterpret the market.

>Afaik the printer was switched on before Covid
This thread is about 80% of USD being printed in the past two years.

he also said a phishing attack was a hack so I think he engrish no bery good

This real inflation is at least 400%.

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M1 was """conveniently""" redefined after they printed a fuck load of money in 2020. Come on now, and you're calling him clueless? Go back to listening to CNN and drinking the Koolaid.

Yeah but what if Covid had never happened? Would we have printed less? I think so. But *how much less*? And what would be underlying causes?

>Yeah but what if Covid had never happened?
Make a thread about that.

>How did they manage that
It's amazing to me that there are people out there that still doesn't understand the concept of reserve currency.

maybe convenient but the previous definition was just bullshit.

M2 = M1 + something
Where's the spike in M2?

Can you explain how supply chain issues cause inflation ? Do you know what even inflation is ? money supply increased dramatically with covid and shitty QE policies with zero interest rates. Inflation is the lagging indicator of the money supply increase leading to the monetary debasement due to money velocity going up with the covid lockdowns ending increasing the circulating money throughout economy. Money printed in 2020 will have delayed inflation effects due to people not spending under the risky situations. Now people spending all they got from govs and you see the 2nd effects of the problem that was created by the central banks in the first place. The reason for no hyper-inflation is the petrodollar creating forced demand for US Dollar under the condition of oil being traded for only the US Dollar. 1 EUR=1USD is the effect of petrodollar. EUR doesnt have the luxury of the OPEC privilige of the US dollar. Quantitative Easing is the fancy way of saying we print money.

>Can you explain how supply chain issues cause inflation ?
Lower supply + high demand = price go up

>9.1% is magically low
Because it's at least 35%

wasn't M2 discontinued aroudn that time too ? or was the definition changed ?
why did they change these definitions to begin with ?
genuinely curious

Because he's an idiot.

Wrong, dumbass.

Imagine being this clueless.

Inflation is a basket of average price increase on products. Which supply chains we talk about ? How much are they effected ?. Is there a shortage of products on the shelves. No ? Usual scapegoats created by the politicians and central banks to find scapegoat for their shitty policies creating inflation that is it. Its a monetary problem not a product problem, supply chain issues are also the results of the shitty lockdown policies of the 99.3 % survival rate virus.

>No argument

kill yourself

stupid gook

>Inflation is a basket of average price increase on products. Which supply chains we talk about ?
Due to covid: all of them.
Due to Ukraine: a lot of supply chains like wheat and oil needed to produce basic staple foods.

No, M2 is still available, and it is exactly M1 + something and without the spike as you would expect when something that was in M2 was added to M1 also.

>maybe convenient but the previous definition was just bullshit.

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