Stocks Are Recovering While the Economy Collapses
> The Fed has committed to lend or buy [up to] $8 trillion in financial assetsThe M2 money supply[1] is currently $16T. If the Fed creates $8T in new money, does that mean that the M2 grows to $24T and therefore the purchasing power of U.S. dollars will be 2/3 of what it used to be?  If your nest egg is mostly in cash right now, what should you do?[1] https://www.federalreserve.gov/releases/h6/current/