Criss-Cross! M2 Money Velocity Declines -20.5% YoY As M2 Grows At 25.80% YoY (Purchasing Power Declines ANOTHER 1.8% YoY In February)

 Another month, another loss of consumer purchasing power. In February, consumers lost another 1.8% YoY in purchasing power.

Why? The Federal Reserve has increased their stock on M2 Money by 26.33% YoY while M2 Velocity tanked 20.5% in the latest reading (Q4 2020).

This is the monetary version of the Hitchcock film “Strangers on a Train” (Criss-Cross).