13 Week Money Supply Grows at Fastest Rate for June since 2021 - SchiffGold.com
13 Week Money Supply Grows at Fastest Rate for June since 2021 - SchiffGold.com
Source: SchiffGold.com
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DW NOTE
The thirteen-week money supply annualized growth rate hit its fastest June pace since 2021 — the same summer M2 was expanding at 13% and Treasury was still pretending inflation would be "transitory." That inflation printed at 5.4% in June 2021 and didn't peak until 9.1% a year later. Now M2 is accelerating again while the Fed holds rates steady with CPI at 3.53% and the 10-year yield climbing to 4.69%. They never actually fixed the first problem.