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November Money Supply: Similar and Different to Nov 1972

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M2 increased by $249.2B in November. This represents a 1.16% MoM increase which annualizes to 15.1%. Although only a single month, 15.1% annualized growth exceeds the 6-month, 1-year, and 3-year averages. At this rate, it’s hard to believe inflation will subside on its own. The Fed can taper their asset purchases, but shrinking the Money […]

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