M2 has surged from 8,000 in 2010 to 22,000 in 2022.
What Is M2?
M2 is a calculation of the money supply that includes all elements of M1 as well as “near money.” M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, and other time deposits (in amounts less than $100,000). These assets are less liquid than M1 and not as suitable as exchange mediums, but they can be quickly converted into cash or checking deposits.
Key Takeaways
- M2 is a measure of the money supply that includes cash, checking deposits, and easily-convertible near money.
- M2 is a broader measure of the money supply than M1, which just includes cash and checking deposits.
- M2 is closely watched as an indicator of money supply and future inflation, and as a target of central bank monetary policy.
Source: Investopedia | https://www.investopedia.com/terms/m/m2.asp
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Meanwhile, the Federal Reserve Bank of New York reports that Q1 2022 Household Debt has risen up to $15.84 trillion
Corporate debt sales – surging…
National debt has risen to $30.453 trillion.
The U.S. Governmental Accountability Office reported, May 5, 2022, that our nation is on an “unsustainable fiscal path.”
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Blowing up the M2 money supply has solved nothing. It is time to re-target Federal Reserve liquidity infusions – and clean up America’s massive debt load.
It is time to grant U.S. citizens the same direct access that was provided to Wall Street’s financial sector during the great financial crisis (2007-2010).
The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens. It is a comprehensive plan with long-term economic and social benefits for citizens and government.
The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.
The Leviticus 25 Plan – An Economic Acceleration Plan for America
$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (4073 downloads)