Oct

16

 MZM Chart

This graph shows moonshot one-year growth of Money of Zero Maturity, a proxy for money supply.

Jeremy Smith adds:

In contrast to this, the year-over-year change in the real Monetary Base has been negative lately.

Bill Rafter explains: 

Yes, Monetary Base growth is still hugely negative. But George is also correct that MZM growth is hugely positive. The missing connection is lag. MZM significantly leads Monetary Base.


Comments

Name

Email

Website

Speak your mind

1 Comment so far

  1. gabe on October 16, 2007 4:15 pm

    i wonder what a GDP yoy superimposed on this would look like. this is scary, so since 95 the dilution is about 10% a year? i would assume the velocity also could have gone only up with all the derivatives engineering

Archives

Resources & Links

Search