US Debt clock went from -332 Billion to -59 Billion (dollar supply) over the weekend.
(media.greatawakening.win)
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It sure looks like it. That was a fat weekend move.
Was at about -775 Bilion just a year ago.
Moving fast now......
Could you ELI5 what this means? How could they just change it from -775 to -60 billion, and what is the significance
Financial literacy lagging far behind regular literacy here :p
Exactly. Does this mean we are more in debt or less in debt?
It means they created more money ($273bn)
Thank you!
The rate of loss in the dollar supply has slowed down significantly.
The next funding deadline vote for the US federal government is Sept 30th, 2024.
Just timed the rate of loss to 127 days that the US Treasury can fund the government. The government will shutdown on Sept. 3rd.
The year to year money supply loss is:
$1000 every 3 minutes, 4 seconds.
$5.43 per second
$326 per minute
$19,565 per hour
$469,565 per day
This could mean the government will be out of money from the treasury, and a 100% shutdown will occur. Military control will take place to prevent rioting in major cities due to government welfare shutting down.
All federal pensions, and social security payments will stop. I expect 401k's and Roth IRA's to drop in value since their may be no physical dollar available to back them due to possible bank runs.
Were possibly 5 months away from Great Awakening.
$1500 Silver & $12,000 Gold sounds good
How are losses in money supply generated? Every time they pass a funding bill there is less time available afterwards.
Keep in mind that the ticker we are talking about is the dollar supply, which perversely is expressed in the negative. I mean to an average person a dollar supply means a tin with some bills in it. When it gets to zero, there is no dollar supply. IOU notes, yeah OK. But not really something one can spend today.
It's the delta from last year.
Quantative Easing (printing money) increases the m2 money supply, Quantative tightening reduces the money supply.