Sunday, 29 December 2013

The Short Version of the "Austrian" True Money Supply (TMS), as of 16 December 2013

The short version of the Austrian True Money Supply (SVTMS) for the U.S. increased by 0.23% (12.85% annualised) during the most recent week ending 16 December to reach USD 9.8653 trillion calculated based on monetary statistics just released by FRED

The 1-year growth rate in the money supply continued to drop and at 7.09% it hit yet another low for the year and the lowest growth rate reported for more than five years. Compared to the same week last year, the current 1-year growth rate is 2.07 percentage points lower. 

You can access previous weekly reports here.