Monetarism / US monetary bubble in M2, updated July 18, 2025
The hypertrophy of the M2 monetary aggregate in the United States is considerable: more than $5 trillion of unearned money was still unduly in the…
Free money supply, M3 and M2, updated on June 2, 2025
Update for data for the month of April 2025, which is the most recent data published to date… As a reminder, I wrote in my…
Monetarism / US monetary bubble in M2, updated June 2, 2025
The hypertrophy of the M2 monetary aggregate in the United States is considerable: more than $5 trillion of unearned money was still unduly in…
Trump’s tariffs, Miran, Triffin and monetarism
Donald Trump has once again spectacularly created a great deal of disorder with his tariffs, but these problems need to be analyzed calmly in the…
Free Money Supply, M3 and M2, updated on February 23, 2025
As a reminder, I wrote in my previous article that… I showed in the previous article that, despite the decision by Ben Bernanke when he…
Free money supply after 2006, updated on February 20, 2025
In the previous article, I showed that, despite the decision by Ben Bernanke to stop publishing data on the US M3 aggregate money supply when…