Just noticed that M2 in the USA has reached new record highs. The money supply M2 is currently at an all-time high, which means that massive liquidity has been pumped into the system. This is actually a classic signal that many of us are closely monitoring.

When the money supply grows so strongly, more and more people start considering alternatives. Bitcoin and other assets like these become interesting because they are seen as protection against inflation. That’s not new, but in such phases, I always see more capital flowing into this direction.

The question is: how does the market react to this? Some see it as bullish for risk assets, others are worried about inflation. In any case, this development should be kept in mind.