USA: Monetary Hypertrophy, M3 Money Supply, and GDP Growth, as of June 20, 2026
Abstract A hypertrophy of the M3 money supply has been occurring in the United States since the early 2000s, as clearly shown by the graph…
USA: Eurodollars, petrodollars, financial entropy, and monetary hypertrophy
An unprecedented monetary hypertrophy has taken place in the United States over the past two decades, which always has fatal consequences in the long run……
Monetary Hypertrophy in the United States: From Ben Bernanke to Kevin Warsh
A form of monetary hypertrophy that is ultimately lethal has developed in the United States. No solution is conceivable that would deflate it without causing…
The federal government’s net debt stands at 81.5% of U.S. GDP as of May 14, 2026
The U.S. federal government’s actual net debt is neither extraordinary nor out of control. It is the subject of public opinion manipulation by certain entities….
USA: Monetary Hypertrophy, M3 Money Supply, and GDP Growth, as of May 12, 2026
The significant increase in the U.S. M3 money supply in March did not cause a decline in real GDP, in accordance with my law of…
USA: M3 Money Supply and GDP Growth, as of April 19, 2026
The sharp increase in the M3 money supply in the United States in February logically exacerbates the decline in real GDP growth, in accordance with…