Money Supply Watch - Sep. 29 2008

As per data supplied on Sep. 29 2008 the annual money supply growth has jumped up by an unprecedented percentage from one month to another, to now 8%. While over the past months the money supply was gradually approaching a zero growth scenario, it appears as though the month of September has seen a dramatic turnaround. The total money supply has grown from $1.87 trillion at the end of August to $2 trillion by the end of September.

The true money supply gives us indications about future development of asset and consumer prices and booms and recessions.