Huge changes to USA monetary system
Posted: Wed Jan 06, 2021 7:49 am
https://fred.stlouisfed.org/series/WALCL
https://fred.stlouisfed.org/series/M2
Admin posting this is not an economist so can't comment on exactly what the above graphs imply for the future, but clearly the USA is entering new monetary territory, and this may account for the huge rise in the value of Bitcoin. However at the same time gold has been fairly stable in value.
If you are an economic expert please do register and comment.
https://fred.stlouisfed.org/series/M2
Admin posting this is not an economist so can't comment on exactly what the above graphs imply for the future, but clearly the USA is entering new monetary territory, and this may account for the huge rise in the value of Bitcoin. However at the same time gold has been fairly stable in value.
If you are an economic expert please do register and comment.