TMV - Money-Supply Growth Slows In January
By Ryan McMaken
Money-supply growth slowed in January, falling to the second-lowest rate recorded since February of last year. Overall, money-supply growth remains well below the growth rates experienced from 2009 to 2016, and has fluctuated little since March of last year
In January, year-over-year growth in the money supply was at 3.3 percent. That was down from December's growth rate of 3.8 percent, but was up from January 2018's rate of 2.8 percent.
The money-supply metric used here - the "true" or Rothbard-Salerno money supply measure ((TMS)) - is the metric developed by Murray