Yesterday was my first time being introduced to your work after reading through your Twitter discussion/argument with Jehu, and your work is very compelling so far.
However, I'm struggling to see how an increase in SNLT per commodity could be occurring if bailouts such as this are relatively new. And why is it that, since 2022, prices and M2 have decreased ever since this bailout? Shouldn't one expect the mass of money to increase?
Good afternoon Nicolas.
Yesterday was my first time being introduced to your work after reading through your Twitter discussion/argument with Jehu, and your work is very compelling so far.
However, I'm struggling to see how an increase in SNLT per commodity could be occurring if bailouts such as this are relatively new. And why is it that, since 2022, prices and M2 have decreased ever since this bailout? Shouldn't one expect the mass of money to increase?
Thanks in advance.