@pranshu created an awesome data-visualization showing how money supply has increased over the decades. The rate of increase accelerated drastically at the start of the pandemic. But now money supply has started to contract.
A contraction seems normal after such a drastic increase, right? Wrong— very rarely in history has money supply EVER contracted. We really don't have any historical precedent for increasing the money supply by this much and then taking it away so quickly.
Please follow
@pranshu for more great data visualizations like this.