As M2 money supply breaks out here is an interesting look back. Since 1959 the Trix indicator has never crossed below the zero line until late 22 early 23 signaling the biggest contraction in money supply since the mid 90s after recording the largest expansion recorded post plandemic. Now with it back above the zero line and supply ticking above previous highs, will we see normal rate of expansion, or will these recent readings become the new norm? Regardless, the fiat printers will not stop as the chart clearly shows up and to the right. This is why Bitcoin exist and why governments cannot be trusted no matter who is charge, the printer is always warmed up and ready to go brrrr.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.