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unusual_whales /
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2024-07-10 11:34:33

unusual_whales on Nostr: M2 money supply peaked in April 2022 at $21.722 trillion. In May 2024, M2 totaled ...

M2 money supply peaked in April 2022 at $21.722 trillion.

In May 2024, M2 totaled $20.963 trillion.

This $759 billion decline represents a 3.49% drop in 2 years.

It's the first time a greater than 2% decline in M2 money supply has occurred since the Great Depression.

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