Please discuss issues related to Money Supply and the Federal Reserve on this thread.
Today, August 8th, Reuters Market News released the Money Supply data for the week ended July 29th.
Looking back, the following data was available for the M-2 money supply.
w/e July 08th reduced by $6.3 billion
w/e July 15th increased by $17.3 billion
w/e July 22nd increased by $15.4 billion
w/e July 29th increased by $28.4 billion
That adds up to an increase of $54.8 billion in July.
Is it just me, or does that seem like a lot of money created?
Where'd it go?
I took these figures from this site biz.yahoo.com
That's enough intro.
Does anyone out there know anything about Money Supply and the Fed? |