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 - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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