{"id":8459,"date":"2019-12-04T15:13:13","date_gmt":"2019-12-04T20:13:13","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=8459"},"modified":"2019-12-04T15:33:27","modified_gmt":"2019-12-04T20:33:27","slug":"federal-reserve-stimulus-to-daily-gdpwtf","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2019\/12\/04\/federal-reserve-stimulus-to-daily-gdpwtf\/","title":{"rendered":"Federal Reserve Stimulus to Daily GDP\u2026WTF?!"},"content":{"rendered":"<p>I wanted to share with you shocking data that, for whatever reason, is not getting more widespread coverage. Namely, the total amount of economic stimulus (money printing) that the Federal Reserve is engaged in at the moment. I then compare the total amount of that stimulus to daily Gross Domestic Product (GDP) is the U.S. to reveal the insane amount of stimulus taking place.<\/p>\n<p>Below is the stimulus that has taken place since 14 November 2019. Note: the source for all is the Wall Street Journal. However, due to how they report stories, the links quickly disappear:<\/p>\n<ul>\n<li>14 November 2019: <a href=\"https:\/\/www.wsj.com\/articles\/new-york-fed-pumps-in-104-293-billion-in-temporary-liquidity-11573744698?mod=searchresults&amp;page=1&amp;pos=2\"><span style=\"text-decoration: underline;\">$<\/span>104.293 billion<\/a><\/li>\n<li>19 November 2019: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wsj.com\/articles\/fed-adds-102-44-billion-to-financial-system-in-latest-repo-transactions-11574174981\">$102.440 billion<\/a><\/span><\/li>\n<li>20 November 2019: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wsj.com\/articles\/fed-adds-74-35-billion-to-financial-system-in-latest-repo-transactions-11574264565\">$74.350 billion<\/a><\/span><\/li>\n<li>22 November 2019: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wsj.com\/articles\/fed-adds-80-6-billion-to-financial-system-in-latest-repo-transactions-11574442617\">$80.600 billion<\/a><\/span><\/li>\n<li>22 November 2019: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wsj.com\/articles\/fed-adds-80-6-billion-to-financial-system-in-latest-repo-transactions-11574442617\">$7.500 billion<\/a><\/span><\/li>\n<li>25 November 2019: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wsj.com\/articles\/fed-adds-93-5-billion-to-financial-system-in-latest-repo-transaction-11574696332\">$93.500 billion<\/a><\/span><\/li>\n<li>02 December 2019: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.wsj.com\/articles\/new-york-fed-adds-97-9-billion-to-markets-11575301812\">$97.900 billion<\/a><\/span><\/li>\n<li>03 December 2019: <a href=\"https:\/\/www.wsj.com\/articles\/fed-adds-99-557-billion-in-short-term-liquidity-to-markets-11575387820\"><span style=\"text-decoration: underline;\">$95.560 billion<\/span><\/a><\/li>\n<\/ul>\n<p>In total, that is $656.143 billion over the course of just 19 days. On a daily basis that is $34.53 billion. But this number is so abstract as to defy a quick understanding. But what happens when we compare this amount to the daily run rate of U.S. GDP?<\/p>\n<p>Total U.S. GDP for the previous four quarters (4Q 2018 thru 3Q 2019) was <a href=\"https:\/\/www.bea.gov\/news\/2019\/gross-domestic-product-third-quarter-2019-second-estimate-corporate-profits-third-quarter\">$21.54 trillion<\/a>, according to the Bureau of Economic Analysis, or $21,540 billion, or divided by 365 days the figure is $59.01 billion.<\/p>\n<p>In other words, the amount of stimulus is equivalent to $34.53 billion \u00a0$59.01 billion = 58.5%. OMG.<\/p>\n<p>What the heck is going on here? Why isn\u2019t this getting wider attention? Yes, there are occasional stories about the amount of stimulus that is hitting the repo market, but the magnitude is gigantic.<\/p>\n<p>I am in my 27<sup>th<\/sup> year in finance and investing and I am not sure what to make of this story. But I do know one thing it isn\u2019t good. Is this the unwinding of the global Ponzi-scheme that is Federal Reserve Stimulus. Is there a major bank failure being kept hush-hush? Is this politically motivated? Is this the end of fiat currency? Is this End Times? I have no idea. I would love to hear your theories.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I wanted to share with you shocking data that, for whatever reason, is not getting more widespread coverage. Namely, the total amount of economic stimulus (money printing) that the Federal Reserve is engaged in at the moment. I then compare the total amount of that stimulus to daily Gross Domestic Product (GDP) is the U.S. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8460,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[58,329,35,369],"class_list":["post-8459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-blog","tag-federal-reserve","tag-gross-domestic-product","tag-monetary-policy","tag-monetary-stimulus"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/8459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=8459"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/8459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media\/8460"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=8459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=8459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=8459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}