As I've previously pointed out (e.g. here), over the past few months and especially in recent weeks bank lending growth has tanked, exerting downward pressure on the money supply growth rate.
In my latest article on Seeking Alpha titled
In my latest article on Seeking Alpha titled
Inflection Point For The U.S. Economy As This Recession Trigger Now Put In Motion, I discuss the possible implications of these very important developments in the U.S. economy.
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