The Money Supply Is Growing Again and the Fed Wants It That Way
By Ryan McMaken Money-supply growth fell year over year again in March, but March’s decline was the smallest money-supply drop recorded in 16 months. Moreover, the money supply in March grew—month over month—by the highest rate in two years. The current trend in money-supply growth suggests a continued turnaround from more than a year of historically large contractions in the money supply.
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