Fed money printing fuels Crypto boom — Just as Crypto gets easier to buy

Thanks to coronavirus lockdowns, the U.S. economy is contracting faster than at any time since the Great Depression of the 1930s.

Trying to soften the blow, the Federal Reserve has just printed another more than $2 trillion. This is the fastest rate of new money creation in history.

But all that free money can’t keep thousands of oil workers from losing their jobs as oil prices crash and burn.

It cannot restore lost production at locked down meat-packing and food-processing plants. 

Nor can it restore output from countless factories idled because supply chain disruptions prevent deliveries of critical raw materials.

In other words, just as the supply of money in circulation shoots up almost at the speed of light, the supply of goods available for purchase is starting to drastically shrink.

More and more dollars chasing fewer and fewer goods is the textbook definition of inflation. And as inflation comes roaring back, it’s going to send safe-haven…