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Global money supply is soaring: China’s M1 money supply is now up +4.6% YoY, to a record $16 trillion. This marks an acceleration from the +2.3% increase in May and the +0.4% increase at the start of the year. China’s M1 is twice as large as the US’s M1, excluding savings

The Kobeissi Letter

Global money supply is soaring: China’s M1 money supply is now up +4.6% YoY, to a record $16 trillion. This marks an acceleration from the +2.3% increase in May and the +0.4% increase at the start of the year. China’s M1 is twice as large as the US’s M1, excluding savings https://t.co/yGnY28EwqX

The Kobeissi Letter
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