Inflation Warning: $10 Billion Away From $10 Trillion!

- The financial market is very close to a systemic breakdown! The Swiss 2 year government bond yield have turned negative(-0.06%) ! German and Dutch 2Y interest rates just hit record lows at -0.021% and 0.033% respectively! There is a great deal of fear in the market as money is seeking safe haven. The path is towards inflation even hyperinflation. I believe the Illuminist banksters will choose the path of currency debasement ie. hyperinflationary collapse to save their banks from a deflationary death trap!
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$10 Billion Away From $10 Trillion!
by Tyler Durden, www.zerohedge.com
According to the just released M2 update, the broadest publicly tracked monetary aggregate (because the Fed doesn’t have enough money to keep track of M3) just hit $9,991.5 billion, a $43 billion increase from last week. In other words, this is the last week in which M2 is under $10 trillion. So enjoy it while the “complete lack of penetration” of the monetary base into broader monetary aggregates, and of the Fed’s reserves so tightly locked up in bank vaults, is still only 13 digits (most of it comprising of bank deposits which of course represent no inflationary threat at all). Next week it will be a record 14 digits for the first time, and well on its way to surpassing the $15 trillion held in the deposit-free shadow banking system as the importance (and inflationary convexity) of the two is rapidly interchanged.
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