In the most recent update of the MA measure of the money supply, June 2011 saw a contraction of over 5% compared to last year. There is little change in either MA, N&C or M4 compared to last month.
Tuesday, August 2, 2011 at 11:19AM
Friday, July 8, 2011 at 3:15PM
In May 2011 MA fell by -5.9% (compared to the previous year), meaning that it has been contracting since October last year. The monetary deflation that has followed the financial crisis shows no signs of abating.
Tuesday, June 28, 2011 at 11:13PM