The numbers seem to indicator we are now at 17% inflation of M2 this year. It's just getting faster. It's likely May ends at 20%. If you don't understand why markets don't reflect this please read my post Can't feel inflation yet I linked it at the bottom. At this rate by next September M2 inflation would be equal from start of 2020 till 2021 September and 2008-2020. Based on the currently numbers it's likely to be faster then that. As for the simplicity of the math I calculated staying at our current growth rate. The numbers so the rate increasing unless something changes it will happen faster. Many people think Covid-19 being over might stop this growth though that does not factor time for businesses to start recovering. Also when businesses start to recover and consumer confidence increases so will spending. The velocity of money increasing will mean people start to feel the effects of inflation.
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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.