July Money Supply up 11.3% Since April - That's Before QE III!
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July Money Supply up 11.3% Since April – That’s Before QE III!
| Percent Change at Seasonally Adjusted Annual Rate | M1 | M2 |
|---|---|---|
| 3 Months from Apr 2012 TO Jul 2012 | 11.3| | 6.5| |
| 6 Months from Jan 2012 TO Jul 2012 | 8.5| | 5.6| |
| 12 Months from Jul 2011 TO Jul 2012 | 15.7| | 8.1| |
Wikipedia on Money Supply
Sure looks to me like the printing presses over at the Fed are still working. Thanks to George Ure for pointing this out.
~ Catherine
