I've never seen this on the ""National"" Debt Clock....
I wonder what it means, or signifies....
(media.greatawakening.win)
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All this means is that the m2 money supply is reducing.
See the asterisk (click on the box).
If year on year increase of m2 is <0, then that divided by anything will be zero.
Check the post from yesterday/Sat on the same subject.
Everyone here may not know what M2 is.... I myself have not used it in a while amd will have to look it up..
I know it as meters squared and an M.2 drive for a computer, but that's it.
Think of it as the slush money - i.e. how much actual money is sloshing around in the system.
If lending slows and they stop printing new money (for example) then that alone could cause this figure to drop below that of last year.
It doesn't mean it's going in reverse, it just means more cash is locked up in things vs. how much is being printed.
I think that's right, I await someone with more knowledge to chime in - although I think the ChatGPT responses in this thread are very helpful.
When someone asks me how many cheeseburgers I want I say 'mmmmtwo'.
I know it has something to do with the banking model.. I.e, Fed Reserve money into regional Clearing banks, then into other banks (consumer banks which have to maintain x reserves on loans of y*x...
Or M2 = exactly last year which is not likely so it might indicate that we didn’t get a report and they just used the same number which would line up with a prior story I remember hearing that the number is no longer being reported. Which could indicate that the reporting institution (FED?) no longer exists. They did take the metal plate of the bank in my District. STL which just so happens to do much of the economic data reporting. Mini “Boom”?
If you look at the debt clock, there is a counter for m2 money supply, and it's going down.
Also, if you look online for 'm2 supply chart' it will show you that it's less than last year.