Sunday, 29 June 2014

The Short Version of the "Austrian" True Money Supply (TMS), as of 16 June 2014

The short version of the Austrian True Money Supply (SVTMS) for the U.S. increased 0.23% (12.54% annualised) during the most recent week ending 16 June 2014 to hit $10.1775 trillion. The money supply is now up 3.02% year to date. This measure of the money supply is calculated from the latest data published by the Federal Reserve. 

The 1-year growth rate, coming in at 8.19% for the week, has now been fairly stable around the 8% level for the last 19 weeks or so. The current growth rate however continues to lag that of last year.