Money Supply is Flashing Red

29 March 2023

Seasonally Adjusted Money Supply in February fell $121B and the Money Supply in January was revised from positive $31B to -$142B. This is a major revision and now means the Money Supply has fallen for seven straight months. Figure: 1 MoM M2 Change (Seasonally Adjusted) To show how much the Fed seasonal adjustments can impact […]

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