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Friday, March 24, 2023

Fundamental: US: Growth in real money supply is what is important for taming inflation, and for the Fed

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Alert Alert Mar 25, 2023, 1:02am
 
Fundamental: US: Growth in real money supply is what is important for taming inflation, and for the Fed
Two weeks ago, we wrote (see our March 10, 2023 Weekly Economics) that a reduction in money supply should not be considered out of the ordinary and showed that while growth in the nominal supply of money recorded its first negative reading since 1960 on a year earlier basis, real money supply growth has been negative during long periods of time during the ...
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