Fed Inferno! US M2 Money-Supply Growth Falls To Depression-Era Levels For Second Month In April (As M2 Money Velocity Remains Near Historic Lows)

US money supply growth, under Jerome Powell and the Fed, continued to decline in April, reaching negative territory. This trend follows a period of high levels over the past two years. The Fed’s extensive money printing to combat the Covid crisis and economic challenges has resulted in a near all-time low in US M2 Money Velocity. Moreover, real average weekly earnings have been in negative territory for 25 consecutive months due to the Fed’s monetary expansion and contraction.