Page 17 - Bullion World Issue 10 February 2022_Neat
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Bullion World | Issue 10 | February 2022
Bullion World | Issue 10 | February 2022
Central banks have direct influence
over the money supply. Since
March 2020's pandemic-lockdown
stock panic, the FED has increased
its balance sheet by an astonishing
110 per cent, or $4607 billion! The
FED has essentially more than
doubled the US-dollar monetary
base by directly monetising
$3187 billion in US Treasuries and
$1243 billion in mortgage-backed
bonds. This level of excess is
unprecedented.
FED BALANCE SHEET, MONEY SUPPLY AND GOLD PRICE
Source: Augmont Research, Bloomberg
US Government officials blame prices for nearly everything started
insane inflation on supply-chain rising to reflect the vast oceans of
snarls, which is a blatant lie. The new money swimming around. This
truth is, all of the trillions of dollars should have sparked a significant
created by the FED to buy bonds new bull-market upleg in which
were immediately spent, unleashing gold should begin to reflect the
a massive influx of new money more-than-doubled US-dollar
into the actual economy. With supply. But, for the time being,
monetary growth far outpacing gold is lagging behind the Federal
natural economic development, Reserve's galloping inflation.
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