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VodkaPundit

Scary-Ass Chart of the Day

September 18th, 2013 - 5:07 am

M1 GDP1

M1 money supply to real GDP growth since 1958.

That huge excess, all generated since 2008, eventually has to be hoovered back out of the economy, unless we want to suffer an inflation to make 1979 look like 1929.

Of course, that’s contingent on the return of robust economic growth, so then again maybe we’re safe.

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All Comments   (3)
All Comments   (3)
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We're gonna need a bigger hoover
1 year ago
1 year ago Link To Comment
I remember the 70s. I also remember losing nearly 1/6th of my earning power per year.

I hated the 70s. Economically, anyway.
1 year ago
1 year ago Link To Comment
That is a very scary chart.
1 year ago
1 year ago Link To Comment
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