M1 money supply / Japan economic downturn

[4wheels]

Someone look up some charts from the gubment showing the M1 money supply. Has it gone down like the internet fears?

Also Japan is also supposed to be heading for one heck of a recession. Is that true?

[Shane]

M1 is down about 10% since the peak in 2022. But it was up then about 5,000% since 2020. We're still swimming in newly-printed dollars. That is not a likely recipe for deflation.

[RiverRat1]

But the FED yesterday said "soft landing" and talked about rate cuts starting early next year? So what gives? They cut rates and inflation is sure to go up again IMO. The only guess I have left is they twist inflation numbers so bad now with new calculations it's really double what they claim and they want to inflate the debt away.

Heck I went to HEB again and there's zero chance prices are going up 3% yearly. It's more like 5% per month.