The US money Supply (M2) was around 14.3 Trillion dollars in January 2019. It increased to about 15.4 Trillion in January 2020. In January 2021 it was at 19 Trillion dollars and in January 2022 M2 is at 22 Trillion dollars. Adding more than 25% more cash to the economy in a 4 year period with virtually no increase (probably a decline) in economic output is going to put tremendous inflation pressure on an economy.
M2 was at 10 Trillion in 2012. For there to be no inflation the economic output would also need to double.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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