Economics is an Exact Science

In an economic continuum, mass production requires concomitant mass consumption. Payrolls must be sufficient to buy the goods and services produced - at the asked prices.

It is an incontrovertible fact. Nobel Laureate Dr. Milton Friedman famously said: “Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”

http://bit.ly/1A9bYH1

#1 Chairman Jerome Powell: "there was a time when monetary policy aggregates were important determinants of inflation and that has not been the case for a long time"

#2 Powell: “the correlation between different aggregates [like] M2 and inflation is just very, very low”.

"The Humphrey-Hawkins Act of 1978 improved our procedures by requiring us to set money growth targets on a calendar-year basis."

https://www.richmondfed.org/~/media/richmondfedorg/publications/research/economic_review/1990/pdf/er760401.pdf

Read: "Greenspan's Fraud: How Two Decades of His Policies Have Undermined the Global Economy"

"In July 1993, Chairman Greenspan informed Congress that the monetary aggregate, M2, had been “downgraded as a reliable indicator of financial conditions in the economy, ” reflecting the fact that “the historical relationships between money and income and between money and the price level [had] largely broken down.”

Not so.

https://monetaryflows.blogspot.com/2010/07/monetary-flows-mvt-1921-1950.html

Not only do economists not know a debit from a credit, but they can't differentiate money from mud pie. Not even William Barnett can do it.

https://centerforfinancialstability.org/

There's actually a perfect relationship between money flows and inflation. Inflation peaks in January 2022.

01/1/2020 ,,,,, 0.11
02/1/2020 ,,,,, 0.03 M*Vt bottomed
03/1/2020 ,,,,, 0.21
04/1/2020 ,,,,, 0.40
05/1/2020 ,,,,, 0.46
06/1/2020 ,,,,, 0.50
07/1/2020 ,,,,, 0.53
08/1/2020 ,,,,, 0.56
09/1/2020 ,,,,, 0.61
10/1/2020 ,,,,, 0.68
11/1/2020 ,,,,, 0.79
12/1/2020 ,,,,, 1.26
01/1/2021 ,,,,, 1.31
02/1/2021 ,,,,, 1.41
03/1/2021 ,,,,, 1.51
04/1/2021 ,,,,, 1.60
05/1/2021 ,,,,, 1.65
06/1/2021 ,,,,, 1.78
07/1/2021 ,,,,, 1.91
08/1/2021 ,,,,, 1.93
09/1/2021 ,,,,, 1.91
10/1/2021 ,,,,, 1.95
11/1/2021 ,,,,, 1.85
12/1/2021 ,,,,, 2.09
01/1/2022 ,,,,, 2.21 M*Vt peaks
02/1/2022 ,,,,, 1.79
03/1/2022 ,,,,, 1.54
04/1/2022 ,,,,, 1.49

05/1/2022 ,,,,, 1.44 

– Michel de Nostradame