Chart of the Day: Monetary Base Growth Only .70%
The chart above (click to enlarge) shows the percent change (from a year ago) in the Adjusted Monetary Base. It's now growing at an annual rate of only 0.70% through April 23, down from 10% in 2002, and the lowest rate in more than 7 years.
2 Comments:
Everyone speaks of M1,M2 , M3 .... Monetary base is the only correct measure
By limiting the growth of the monetary base, you could contain the growth of inflation by way of monitoring the monetary policy.
Post a Comment
<< Home