Comments by "k98killer" (@k98killer) on "This New Data Cannot Be Ignored" video.

I love how Snyder and Van Millimeter said "there won't be inflation" when M2 saw a 40% increase over 2 years, then kept saying "there's no real inflation" as CPI got up around 10%, and now keep saying "there wasn't any real inflation" now that prices have stabilized much higher years later. "It's not money printing" except that M2 increased 40% in 2 years.
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BTFP loans have a 1 year term. The ending of the program does not mean the calling of the loans -- it just means they will stop making new loans or rolling over old loans. It will take a year to fully unwind the program.
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@justincrane1220 regional banks are going to suffer for sure, but I don't think it is necessarily an inevitable catastrophe.
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@justincrane1220 technically, it began with the repo market meltdown in September 2019, but I get what you're saying
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I think he is too inflexible in his analysis. No matter what, he will not consider the US domestic monetary system except as he sees it affecting the eurodollar system.
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Listening and following are two different things. I like the maxim "listen to all but follow none".
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Commercial bank deposits increased 36% over 2 years, so the printed money wasn't sterilized and sent to the moon. Irritating how he never addresses data that detracts from his thesis. Steven van Millimeter even said that the M2 came from somewhere else outside the system rather than being created within the system. Rubbish.
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 @jcgoogle1808 the BLS does not calculate shelter prices honestly or accurately. They understated CPI while it was rising and peaking, and now they will overstate it while it drops.
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