Money Supply – October 2008

November 18, 2008 · Posted in Monetary Economics · 8 Comments 

The final data for October 2008 indicates that the money supply has gone up by 8% as compared to October last year, to now almost $ 2 trillion.

It will be important to watch whether or not this trend hold up over the next 2 months. If it does, it is very likely that that the current asset market crash will bottom out in about 1 year from now.

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