Money Management for the New Economy
Over the last 20 months, the U.S. money supply (M2) has skyrocketed by 40% because our currency was printed into existence unlike at any other time in our history. This catalyzed crypto adoption (digital assets and applications) over the last year-and-a-half in a big way.
The prior decade (2009-2020) of extremely low inflation that was perpetuated by the housing depression and cheap oil is over.
The markets have binged on liquidity since COVID-19 and the Federal Reserve finds itself in a very difficult position now.
Over 10x (1,000+%) is how much the Federal Reserve’s balance sheet has grown since 2009. The Fed is going to try to end this parabolic balance sheet expansion by the summer of 2022, which will ultimately be unsuccessful.
Hertz Global is transforming their entire fleet into electric vehicles (EVs), which is congruent with an order for 100,000 Tesla EVs. Entire industries are going to be destroyed across the entire transportation supply chain.
In less than two weeks, history is going to take place. Bitcoin will be an official legal tender in El Salvador, and residents will be able to live in a Bitcoin world.
The United States has one of the fastest-growing debt-to-GDP ratios in the G20, and this is ironically why FMT is bullish over the next few years. Shhhh… here’s a little unknown secret.
It’s almost as if distributed ledger technologies (DLT’s, or blockchains) were invented just for 2020-2021. Though DLT’s were introduced 12 years ago via the Bitcoin protocol, it is extremely timely that they have matured enough to cross into the financial lexicon today.
