Paragon
Paragon 2 minutes reading from Bitcoin

Money Printing Machine Time? We Won’t Turn On the Crypto Market!

btc eth cro sol solana ftt ftx cryptcom doge crypto nfters near matic usdc usdt When are we going to get back into the crypto market thread?!

A good question that our Discord members have asked us.

What numbers tell us

1. The money printing machine stopped working after 12 years.

2. Inflation is still bad and every speech Powell had was very ruff on getting this to 2%

Supply M2 in the United States averaged 4875.36 USD Billion from 1959 until 2022, reaching an all time high of 21840.10 USD Billion in January of 2022 and a record low of 286.60 USD Billion in January of 1959

3.1 Money Supply M2 in the United States decreased to 21503.40 USD Billion in September from 21711.40 USD Billion in August of 2022

3.2 Money Supply M2 in the United States is expected to be 20650.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Money Supply M2 is projected to trend around 16500.00 USD

Billion in 2023 and 16950.00 USD Billion in 2024, according to our econometric models.

These numbers tell us the storm is far from ever, we want to see a big shakeout in the traditional market, we want to see unemployment, and we want to see real capitulation.

It might get years until we turn on the printing machine again. Until then keep your money safe.

This post is based on this twitter thread.

Comments

Please login to comment.