Mises Wire
Author:
Ryan McMaken
Online Publish Date:
Last month, the money supply growth rate in the United States fell to a 104-month low, rising by 5.91 percent. This is the lowest growth rate recorded since July 2008 when the growth rate was 5.24 percent. Given the imprecise nature of these estimates, however, it is fair to say that the rate of growth is essentially unchanged since March, and for