We have had the recession already; it's not yet to come

This is an interesting chart. I don't think it is anything like charting stocks but there is a clear linear trend channel/line that M2 supply has been following. It is supposed to follow GDP growth to stabilise inflation but we all know the Fed doesn't always get it right and the two yoyo about the trendline. However, what is interesting is that we have had the largest drop in M2 in history over the last two years; there has barely ever even been a drop before; only a brief flat line. This makes it clear that we have been in recession for two years. The apparent stockmarket and crypto hype is not a result of excessive printing but rather a change in the way money in the economy is distributed; it is not being lent out for business but rather to buy assets instead. At the same time we have seen taxation and regulation that disincentivises entrepreneurs and favours existing conglomerates. I think this trend will accelerate as AI and robotics start to take on responsibility for producing goods and services and human beings simply trade assets with their money instead. Food for thought...