Quote:
Originally Posted by Sooner or later
We may go back to outflows when the report hits this week. March, 2021 was the highest inflo in history. We shall see what happens.
At this time the latest data in 2021 shows a slight net inflo
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Yes we shall see..remember not necessarily a straight line but ebbs and flows..
A lot of stuff is not reflected in the data?
Where did that 300B in excess cash that suddenly showed up on the banks doorsteps come from? It was lurking somewhere and now it is in the open.
The FED printed it, and it was being held somewhere..where it wasn't being utilized.
The USA has relied on USD's being held in reserve Globally where they would not be utilized..in essence dead money..by holding them, there is a defacto imposed tax in that with inflation those USD's would decline in real value. That is the why of 2% needed inflation.. it makes US debt cheaper.
Without that 2% the US is paying sticker price for that debt.