The variation of GDP is inversely proportional to the variation of the free money supply (updated to May 20, 2023)

When the money supply increases faster than real GDP, i.e. faster than wealth creation, GDP growth decreases, and vice versa… ***  The analysis of the…

USA: bank deposits and monetary aggregates

The decline in deposits in US banks has had the advantage of revealing that the variations in this mass of capital are identical to those…

Big US banking tsunami: deposits, equity and money market funds, update as of May 20

*** Undue money creation has developed in the US since at least 2011 and this money naturally and logically ends up in deposits on the…

BNP-Paribas: more than… 30,000 billion euros of derivatives at the end of 2022 and 318 billion of commitments without guarantees!

BNP-Paribas’ total derivatives amounted to more than… 30,000 billion euros at the end of 2022, which ranks these banksters as the fourth worst bank in…

Overnight Reverse Repo Program to May 18

It’s the big return of the Overnight Reverse Repo Program (ONRRP)! Today, May 18, 91 U.S. banks placed… $1.973 trillion with the Fed overnight so…

Investment Strategy as of May 15, 2022

The U.S. financial markets are being manipulated by big bank executives and the Fed as evidenced by the sharp rise in stock prices on Friday,…