Friday, 13 June 2014

The Short Version of the "Austrian" True Money Supply (TMS), as of 2 June 2014

The short version of the Austrian True Money Supply (SVTMS) for the U.S. increased 0.98% (65.67% annualised) during the most recent week ending 2 June 2014 to hit $10.1328 trillion. The money supply is calculated from the latest data published by the Federal Reserve. 

The 1-year growth rate in the money supply decreased slightly for the week, from 8.16% last week to 8.08%, and remains lower than the long term average of 8.30%. The growth rate has now hovered around 8% for the last nine weeks.

Compared to the same week one year ago, the 1-year growth rate has now declined for 101 consecutive weeks.

The overall growth rate in the money supply continues to decline with most growth rate remaining lower than one year ago.