The latest flow of funds report was released today by the Fed (values are in $billions):
As we can see, the overall credit contraction has taken a break through 2010, at least on the books. This has been due to noticeable credit expansion on the governmental level which will not be sustainable.
Meanwhile, private credit has continued its ongoing uninterrupted contraction even in 2010.
4 thoughts on “Total US Credit – December 2010 Update”
Total US Credit …..do any of the existin “M” money measures posted by the govt include the Total US Credit dollar amounts???
They don’t …
so to get a total dollar amount in the us one would have to use the m measures and the so called total us credit???
total us credit is measured in dollars, right??