M5 as of Feb 29 2020

I think my M5 is a great metric, and I want to see what it was on Feb 29 and compare it to Nov 30.  Feb 29 is remarkable for being a leap day, but also being the last date before the money supply started soaring.

	As of 2/29/2020:
	M2 (as of 2/24/20) = 15,434.1 (in billions of dollars)
	Public Debt (as of 2/28/20) = 17,413.0
	Fed Held (as of 2/26/20) = -2,474.0
	--------------------------------------
	Total = 30,373.1

The total on 11/30/20 was 35,843.9, so the financial-industrial complex in the US just created $5.4 trillion in cash out of thin air in the last 9 months and promptly spent it.  On an annualized basis (this was a 9 month period), this would be a 24.7% increase.  

A lot of the increase was done in March through May with the pandemic relief.  So maybe you are thinking that this was a one-time thing and things will get back to normal.  But no - this is the new normal.  Once a predator develops a taste for human blood it is time to shoot it.  Once Congress develops a taste for stimulus spending with the money coming out of thin air, it will keep doing it.  And it becomes a predator to the stable financial system and starts killing it.

As I have pointed out, we are on track for a 9.7% annualized increase in the money supply starting with 10/1/20, and that is without any stimulus spending.  Maybe we won't hit 24% this year but we will probably hit at least 12%.  And that is what the inflation rate in this country is.  Maybe it isn't showing up in the fraudulent CPI but it is showing up in the stock market.