Since 2000, global money supply has risen +446%, or $116 trillion, a compounded annual growth rate of +7.0%.
For those who wonder why prices keep rising.
#inflation #usd #eur
BREAKING: Global broad money supply surged +6.7% YoY in September, reaching a record $142 trillion.
This measure covers 169 economies, representing 99% of global GDP.
Year-to-date, money supply has jumped +9.1%, driven by China and the US.
Since 2000, global money supply has risen +446%, or $116 trillion, a compounded annual growth rate of +7.0%.
China now makes up the largest proportion, at $47 trillion, or 33% of global liquidity.
The European Union follows at $22.3 trillion, or 16%, and the US at $22.2 trillion, or 16%.
Money supply is through the roof.