Lynete Zang and The Atlantis Report Wednesday PM 12-30-2020

Q&A WITH LYNETTE ZANG

IMF CREDIT SCORE, TESLA STOCK, STIMULUS…

Dec 30, 2020

Questions/Timestamps: 1. JD: I heard that the IMF want banks to use my browser’s search history to determine my credit score. Is this true? Are they already doing this? 0:44

2. Edwin G: I would like to know when to determine at what price is the best to purchase. What company I can trust for purchase of precious metals? 3:53

3. DC Girl: Since Tesla recorded profits all 4 quarters, would you consider this a good time to buy Tesla stock? 7:17

4. Von: Isn’t the economy becoming more unstable each day as more money is printed and debt is getting bigger? 9:56

5. Von: Will the stimulus deal be likely to promote economic growth in the new year? 11:07

https://youtu.be/ftgGyoGsTTQ?t=3

The Atlantis Report

At Some Point Inflation Will Raise Its Ugly Head As The M2 Money Supply Soaring !!

Premiered 3 hours ago

At Some Point Inflation Will Raise Its Ugly Head As The M2 Money Supply Soaring !!

The money supply grew by 37.08% year-on-year in November based on the True Money Supply Measure (TMS). It was effectively the same rate of growth we saw in October and remains near September’s all-time high rate of growth.

The staggering growth in the money supply becomes more clear when you compare this year with last.

TMS growth in November 2019 was just 5.9%. The TMS set all-time records eight straight months leading into October. September’s record rate was 37.54%. October’s year-on-year growth came in at 37.08%, the same as November’s While the TMS metric fell just shy of a ninth straight record month in October, the M2 growth rate did reach historic highs that month and then set another record in November. It grew 25.07% last month compared to October’s record growth rate of 24.17%.

And there is no sign that money creation is slowing down. According to Fed data released on Dec. 18, M2 surged by $228.1 billion in the preceding week.

In other words, the Fed created over $228 billion out of thin air in just one week. Inflation expectations appear to be solidly on the rise and that spells big problems for the financial system.

For years the central banks across the world have claimed deflation has driven or allowed their QE policies to remain. This is central to their ability to stimulate. The moment inflation begins to take root or becomes apparent much of their flexibility in policy is lost.

The 2% inflation target central banks have deemed optimum is not valid. This argument is becoming harder to make since many people now feel so much money pouring into the financial system is beginning to move inflation higher.

For the full transcript go to Bruce Wilds/AdvancingTime Blog http://brucewilds.blogspot.com/2020/1...

https://youtu.be/rleIzkvAbL0?t=5