In Latest Recession Signal, Money-Supply Growth Plummeted to a Three-Year Low in August
by Ryan McMaken of Mises Institute Money supply growth fell again in August, dropping to a 36-month low. August’s drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. During the thirteen months between April 2020 and April 2021, money supply growth in the United States often climbed above 35 percent year over year, … Read more