The short version of the Austrian True Money Supply (SVTMS) for the U.S. decreased 0.25% (-12.28% annualised) during the most recent week ending 21 July 2014 to hit $10.1915 trillion. This measure of the money supply is now up 3.16% year to date.
The 1-year growth rate increased slightly from last week, from 8.27% to 8.44%, but was 77 basis points lower than same week last year.
The shorter term growth rates (i.e. 1 week to 26 weeks) have picked up in recent weeks and are now all higher than a year ago. The 39 weeks to 5 year annualised growth rates on the other hand are however substantially lower. The overall trend in the growth rate of the money supply for medium- to long term growth rates is therefore still heading downwards.
Visit the "Austrian" True Money Supply archive here.
The 1-year growth rate increased slightly from last week, from 8.27% to 8.44%, but was 77 basis points lower than same week last year.
The shorter term growth rates (i.e. 1 week to 26 weeks) have picked up in recent weeks and are now all higher than a year ago. The 39 weeks to 5 year annualised growth rates on the other hand are however substantially lower. The overall trend in the growth rate of the money supply for medium- to long term growth rates is therefore still heading downwards.
Visit the "Austrian" True Money Supply archive here.
