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It's The M2NSA, Stupid's avatar

I had more of a Hacksaw Jim Duggan image in my mind for what the dollar is doing to the Euro. Drinking beer out of a can, taking a 3 point stance before charging at the prissy Euro and clotheslining it, then whacking it with a 2x4 for good measure before grabbing the American flag and waving it for the crowd. Hoooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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Matthew's avatar

Reading this prompted me to briefly look up money supply for the highest GDP countries, mainly on "tradingeconomics.com" a site which I'm not very familiar with. While I'm probably not comparing apples to apples with M2 for each country, a couple of things stood out: the federal reserve created one of the steepest M2 increases in 2020, and in 2022 is running one of the flattest M2 lines. DXY being up this year reflects this.

While the latest money supply continues to look very bad for stocks, it's probably going to be quite the roller coster ride.

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