Mises Wire
Author:
Ryan McMaken
Online Publish Date:
increase hitting a 103-month low of 5.9 percent. The last time the year-over-year growth rate was lower was during September of 2008, when the growth rate was 5.2 In both cases, sizable declines in the Austrian measure below M2 signaled brewing economic troubles. Two factors that may be contributing to a decline in money supply