Money Supply Growth – November 2008

posted by Nima

December 11, 2008 · Posted in Monetary Economics 


Click on image to enlarge.

The true money supply has grown by 12% over the past year to now about $2.07 trillion. The enormous increase of the monetary base is now spilling over to private bank accounts. The effects can already be seen in a resurgence of gold and silver. Due to the unprecedented increase of the monetary base I don’t see an end to this trend anytime soon. Welcome back, inflation!

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