Correlation between broad money growth and inflation. Via Dr Hanke. @steve_hanke

Oil lower, gold higher. Weak industry, weak fiat money. via Bloomberg

Remember the tariff tantrum?. US 🇺🇲 GDP increased at an annual rate of 4.3% in 3Q25. PCE index +2.8% beats. Average of GDI+GDP rises +3.4% Stronger consumption, spending under control, lower imports and big rise in profits ($166bn) Sorry, fearmongers.