Not a forecast

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Not a forecastSPX*10000000000/M2SLSP:SPX*10000000000/FRED:M2SLericgrdnleeBut consider the odds. Number of SPX index $'s for every $10 billion in broad money available. Everyone says the government is printing too much money, but the valuation of the market with that supposedly printed money is still unlike anything we've seen before aside from March 2000 and, with more complete data, a small period of time surrounding the 1929 peak.