{"id":198756,"date":"2007-10-12T16:49:00","date_gmt":"2007-10-12T21:49:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/10\/12\/money-supply-explodes-hyper-inflation-inevitable\/"},"modified":"2007-10-12T16:49:00","modified_gmt":"2007-10-12T21:49:00","slug":"money-supply-explodes-hyper-inflation-inevitable","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2007\/10\/12\/money-supply-explodes-hyper-inflation-inevitable\/","title":{"rendered":"Money Supply Explodes, Hyper Inflation Inevitable"},"content":{"rendered":"<p>Barry Ritholtz at the big picture has a post showing that <a href=\"http:\/\/bigpicture.typepad.com\/comments\/2007\/10\/the-incredible-.html\">the money supply grew at an astonishing 24.3%<\/a> according to the <a href=\"http:\/\/research.stlouisfed.org\/publications\/usfd\/\">St. Louis Fed&#8217;s financial data<\/a>.<br \/><img decoding=\"async\" src=\"http:\/\/img223.imageshack.us\/img223\/4859\/mzm101107dg7.png\" width=\"500\" \/><\/p>\n<p>Note that this number does <span style=\"font-weight:bold;\">not<\/span> include the Fed&#8217;s rate cut or the emergency injection of money by the world&#8217;s central banks to stabilize the dollar.<\/p>\n<p>More dollars chasing the same amount of goods equals inflation, in this case, it looks like double digit inflation, and probably the dollar falling of a cliff in currency markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barry Ritholtz at the big picture has a post showing that the money supply grew at an astonishing 24.3% according to the St. Louis Fed&#8217;s financial data. Note that this number does not include the Fed&#8217;s rate cut or the emergency injection of money by the world&#8217;s central banks to stabilize the dollar. More dollars &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1261,1080,973],"tags":[],"class_list":["post-198756","post","type-post","status-publish","format-standard","hentry","category-bubble","category-currency","category-economy"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198756"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=198756"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/198756\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=198756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=198756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=198756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}