20190425-M2V chart-the Most important chart on inflation-Samsung ETH-based blockchain


ITM Trading (The most important chart on inflation):

Monetary Velocity Chart, the most important chart to give us the early warning of hyperinflation.

-It measures the speed at which money transfers hands.   Or how many times people spend the same dollar.

-If people are comfortable with their income and economy, they will spend money;  thus increasing velocity and vice versa.   Therefore, monetary velocity indicates economic “stimulation”.

-Also if people believe prices are going up, they are more likely to spend money now then later.   In this case, the monetary velocity indicates inflation.

-The monetary velocity has been dropping since Q3 1997.   That means the general public is not spending money fast enough to create inflation like the government has anticipated.

-Right now, as seen in the chart, we are at up blip due to all the money pumped into the system.   So has the hyperinflation already begun?




-The QE didn’t really boost the economy.  It just transferred all the QE money into the fiat based assets like housing and stock markets creating more wealth for the top 1%.

-FED now wants to dictate price!   Since the QE isn’t working, Bernanke came out another experiment called “temporary price-level targeting”.   For example, if a loaf of bread is $5, they Fed will try to convince the public it is for sure goes to $20 next year so they’d better buy it now.   This is to push the people to spend their money.  In other words, since the inflation is not obvious enough, now they want to DICTATE PRICES!

-To create inflation FED tried:

*Directly dictating prices
*More QE inflation
*more bond buying
*Keep low rates, longer
*Negative interest rates


M2V (Monetary velocity):
https://fred.stlouisfed.org/series/M2V
M2:
https://fred.stlouisfed.org/series/M2



Coindesk (Samsung Developing ETH-based blockchain, may issue own token):

-The company’s blockchain task force – part of its wireless division – is building a blockchain mainnet based on ethereum.  The work, however, is still at the “internal experimental” stage.
-The company hasn’t decided whether it’s a public or private, but most like a hybrid of both.
-When the development of the blockchain is completed, Samsung may also move to launch a “Samsung Coin
-If the company develops a public blockchain in the future, then Samsung Coin could be traded publicly on cryptocurrency exchanges just like bitcoin (BTC) and ether (ETH). Samsung could also bring blockchain technology to its payments app Samsung Pay, but the move is not yet decided.



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