With Jerome Powell and Janet Yellen focusing on using monetary policy to manage climate change, the M1 money supply has gone parabolic, from just over $4 trillion in February to $18.6 trillion in March. This is right out of Zimbabwe’s playbook.
Original Article: “The Fed Embraces Its Inner Zimbabwean”
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.