Friday, May 02, 2008

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:

At 5/02/2008 12:20 PM, Anonymous Anonymous said...

Everyone speaks of M1,M2 , M3 .... Monetary base is the only correct measure

 
At 5/27/2008 10:53 PM, Blogger Blancard said...

By limiting the growth of the monetary base, you could contain the growth of inflation by way of monitoring the monetary policy.

 

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