Pseudo-Econometrician John Williams

This is funny:

http://www.shadowstats.com/alternate_data/money-supply-charts

I don’t use this site, but I decided to pull it up, given frequent references to it by Austrian pseudo-economic types. While monetary base figures aren’t very relevant anyway, even this nutcase John Williams has the increases in his fantasy metrics at less than horrifying levels, and even shows an outright decline in the “M3 SGS” as recently as a year ago. Yet, he has a “hyperinflation watch” section on his homepage. lol

And apparently, he thinks these monetary base measures are pretty important:

http://www.shadowstats.com/article/money-supply

So, this is just another demonstration of how the inflation sissies can’t even understand numbers they develop themselves. lmao

“Math is hard.”

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