Article Image

IPFS News Link • Federal Reserve

Money Supply Growth Grinds to a Halt

• EconomicPolicyJournal.com
 
The latest money supply numbers show that non-seasonally adjusted money supply has gonad to a near complete halt. For the three month period ended January 31, 2010, non-seasonally adjusted money is growing at only 1.2% on an annualized basis. The seasonally adjusted number, which is the number the Fed watches, actually recorded an annualized decline of 0.9% for the three month period Watch out below, the money simply isn't in the system to support the current distorted capital structure. The upticks in the stock market are very misleading. A clearer picture emerges when viewed from a distance.

PurePatriot