My colleagues and I remain squarely focused on achieving our dual mandate goals of maximum employment and stable prices for the benefit of the American people. The Federal Reserve says they're fighting inflation. They say they are committed to a 2% target and that they're well positioned to wait and see.But the charts tell a very different story. While everyone is distracted by the quarter point rate cut and the drama of the dissenting votes, we're staring down the barrel of a massive liquidity injection in ...

Raoul Pal, founder of Global Macro Investor, has drawn attention to a widely circulated chart that compares bitcoin’s (BTC) movements with global M2 money supply. The chart shows that since early 2023, bitcoin has tended to track global M2 money supply with a consistent 12-week lag, implying that changes in liquidity conditions filter through to crypto markets with a three-month delay. Based on that model, bitcoin would still be on track to approach $200,000 by the end of 2025 if the correlation were to h ...

🔥 JUST IN: Global M2 money supply hits a new all-time high. https://t.co/Dcyd436XvD ...