Milton Friedman's Money-Supply Rule: Growth of the Money Supply << Rate of Growth of Real GDP = Recession --There is not enough money to buy what has been produced.
Growth of the Money Supply >> Rate of Growth of Real GDP = Inflation --There is an abundance of money and not enough goods - prices will rise
Growth of the Money Supply == Rate of Growth of Real GDP = Equilibrium
Bottom Line: We are entering a severe inflationary period. Prices have increased a lot over 90 years and should be seeing this trend continue. --Gold, Silver, Commodities, Assets will continue to increase as long as the below remains true.
--The Feds have resorted to unlimited quantitative easing to fight a deflationary spiral that would cause mass bankruptcies, unemployment, and credit/ liquidity shortages. --Negative Interest Rates Next?