Support Mises
Mises Wire

Money Supply Falls

Money Supply Falls
Mises Wire Mises.org
Print this page

According to the new  Monetary Trends (St. Louis Fed), the Fed seems to have tightened up after double-digit increases in the money supply throughout the summer. The money supply actually fell in September 2003 (% change at annual rate):

  • MZM  -1.81%
  • M2 -4.76%
  • M3 -3.22%

 

All Rights Reserved ©
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute