Hello, Hello, Rebel Capitals, hope you're well.

So what is it?

What is the big news?

What has not happened since the Great Depression?

Showed it in the thumbnail.

That would be M2 Money Supply actually decreasing.

So let's get into this article

and dig it scratched beneath the surface here so we can determine

if this is a big deal, if this is a nothing burger,

or could it be a little bit of both.

Let's go over to zero hedge.

Credit crunch, the money supply has shrunk

for eight months in a row.

So as we go through this article,

you can see how unprecedented this actually is.

Then I want to get into the nuance to determine whether or not this means that we're inevitably

going into a recession that's going to look like the Great Depression.

So money supply growth fell again in June,

remaining deep and negative territory

after turning negative in November of 2022.

So I mean, the first thing that I would ask like a person that's an inflationist is if I just

showed you this chart of money supply I'm not sure if they're using M2 or what metric they're using here, but regardless if I showed you this metric of money supply right here

...