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.
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.
