USA: Excessive Growth of M3 Money Supply, as of April 19, 2026
The excessive growth of the U.S. M3 money supply continues to rise: there is an excess of more than $10 trillion compared to normal levels,…
USA: M2 Money Supply and GDP Growth, as of April 07, 2026
The acceleration in the growth of the M2 money supply in February logically leads to a decline in real GDP growth, in accordance with my…
USA: the hidden monetary bubble is lethal
The US monetary authorities are concealing the monetary bubble that has been developing since the early 2000s. According to official figures, it is actually worth…
Free money supply M3, updated on August 4, 2025
Changes in the free money supply M3 cause opposite reactions in real GDP. This free money supply M3 is the difference between the change in…
Monetarism / US monetary bubble in M2, updated on August 3, 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, in M3 and M2, updated on July 27, 2025
Update for data published up to June 2025, which is the most recent available to date… As a reminder, I wrote in my previous articles…