Monday, 28 July 2014

The Short Version of the "Austrian" True Money Supply (TMS), as of 14 July 2014

The short version of the Austrian True Money Supply (SVTMS) for the U.S. decreased 0.07% (-3.74% annualised) during the most recent week ending 14 July 2014 to hit $10.2171 trillion. This measure of the money supply is now up 3.42% year to date.

The 1-year growth rate in the money supply came in at 8.27% for the week, down slightly from the 8.33% reported last week. For the last 15 weeks the growth rate has been fairly flat, hovering around the 8.11% mark.

The growth rate remains lower than one year ago, but it has been catching up in recent weeks and is currently 44 basis points shy of that reported at this stage last year.

Visit the "Austrian" True Money Supply archive here.