The short version of the Austrian True Money Supply (SVTMS) for the U.S. increased 0.78% (50.14% annualised) during the most recent week ending 7 July 2014 to hit a new all-time high $10.2253 trillion. The money supply is now up 3.51% year to date.
The 1-year growth rate in the money supply jumped to 8.34%, up from 7.88% last week.
The current growth rate remains lower than one year ago and this week was the 106th week in a row with a declining growth rate. The difference is now however declining rapidly and the differential this week was only 35 basis points, having averaged 216 basis points during the last 52 weeks.
The 5-year annualised growth rate headed up slightly compared to last week, but remained lower than a year ago for the 32nd week in a row.
Visit the "Austrian" True Money Supply archive here.
The 1-year growth rate in the money supply jumped to 8.34%, up from 7.88% last week.
The current growth rate remains lower than one year ago and this week was the 106th week in a row with a declining growth rate. The difference is now however declining rapidly and the differential this week was only 35 basis points, having averaged 216 basis points during the last 52 weeks.
The 5-year annualised growth rate headed up slightly compared to last week, but remained lower than a year ago for the 32nd week in a row.
Visit the "Austrian" True Money Supply archive here.
