Money Supply Watch
I’m not a trained economist. But shouldn’t this worry us? This chart tracks M1 data over the last year. M1, according to Wikipedia, is “currency in circulation + checkable deposits (checking deposits, officially called demand deposits, and other deposits that work like checking deposits) + traveler’s checks.” This is a primary measure of money supply. Note that the data only go through November of last year. [Data from FederalReserve.gov]











Comment by Dunrobin on 9 January 2009:
Here is a chart from ShadowStats.com showing the change in the money supply (M1, M2, and M3) over the past five years:
Comment by Dunrobin on 9 January 2009:
Sorry – I should have realized that the software would strip out the lik and image tags. The chart I meant to show can be found at: http://www.shadowstats.com/charts_republish#m3
Comment by Niccolo on 17 January 2009:
It depends on whether or not demand for money has increased proportionately. From what I understand, it hasn’t though.