US Money Printing - What will Reality be for Fiscal Systems?

Matt, your raise such a critical point.  When you look at the money supply and even just the amount of U.S. domestic deposits going from $13 trillion in 2019 to $18 trillion in 2022 you cannot dismiss the point that inflation is here to stay beyond the short-term. 

In the past we were told by people who wanted the traditionalists to get out of the way that insanity is "doing the same think over and over expecting different results!" This decade's version of insanity is "doing dramatically different things and assuring people not to worry it won't have any negative consequences on the results!"

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Neil Stanley
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Original Message:
Sent: 05-09-2022 09:51
From: Matt Johnson
Subject: US Money Printing - What will Reality be for Fiscal Systems?

Based on the chart below, we went from having $4 trillion to $20 trillion overnight in response to COVID….overnight. It is highly possible the next financial crisis is the devaluation of the US Dollar and the US Dollar no longer being the global currency. Please ensure your seatbelt is securely fastened for the next couple of years. I do not think economic metrics fully reflect the imbalances in the economic forces, fiscal policies, and what is churning in the gut of the financial system.



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Matt Johnson
CFO
Premier Bank
Omaha, NE
Posts reflect my personal opinion and do not represent any organization in which I am affiliated.
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