Americans Sit On A Mountain Of Cash Amid Pandemic

Published Friday, November 27, 2020 at: 7:55 PM EST

With the cloud from the Covid pandemic looming large, Americans are sitting on an unprecedented mountain of cash.

M2 -- the money supply -- a statistic no one has cared about since Paul Volcker ran the Federal Reserve in the late 1970s, has exploded!

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This article was written by a professional financial journalist for Advisor Products and is not intended as legal or investment advice.

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