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Tag: Federal Reserve Policy

  • Economy follows Money Supply 2303283

    Economy follows Money Supply 2303283

    The M3 is my favorite gauge of tracking Money Supply, because it’s all encompassing; however, reported official M3 data is several months old, so the below chart uses the recently updated M2. The economy (as well as the Stock Market) rises and falls with the amount of Money Supply, much like the flow of a…