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According to the seasonally adjusted data, M2 increased by $23B in May. This was the smallest monthly increase in M2 since the start of Covid aside from the contraction last month, which was the first monthly reduction in adjusted M2 in 12 years! Despite extremely small growth, money supply is still expanding which is going to […]
The post Money Supply Growth Slows Enough to Pop the Everything Bubble but Not Enough to Cure Inflation first appeared on SchiffGold.