You guys are on it! I was just Googling for graphs of the money supply last night. I couldn’t find anything quickly that went beyond 2006/2007. Thank you.
Great Post
Why i cant subscribe to your feed?it seems theire are a problem
thank you
Tony says:
April 16th, 2009 at 2:30 pm
I’m listening to Peter Schiff podcast and was looking for chart so thanks.
I don’t understand. Looks like it went from 900 billion to 1800 so wouldn’t each dollar be worth like 50 cents? I’m not seeing a rise in prices (thank goodness). Peter says to get gold in Australia but I don’t know. I just buy FAS since they simply have got to fix the banks before anything else can recover or go up so… go FAS.
Juni says:
June 12th, 2009 at 2:21 pm
Tony, Gold is definitely good to own, but you should buy tangible gold. You have better control of it. If the dollar fails at least you have gold or silver to liquidate. With regards to inflation look at mortgage interest rates. Don’t let them fool you! Comparing lender rate sheets from a wholesale level, you’ll find that rates may be low, but the buy downs are high. You might see rates of 5.5% but at a cost of 1 to 3 points (depending on the lender). Tells me one thing: Investors (banks) are manipulating the market, keeping rates low and enticing customers. The truth is borrowers will need to come up with the money up front to buy the rate down. Without the buydowns, mortgage rates should be 6.5% to 7.0%. Buy Gold before it’s to late.
[...] will come from higher taxes. Also, the U.S. has printed money at an alarming rate. Follow this link to see that in the last year, the federal government printed roughly twice as much money as it did [...]
Ryan says:
August 5th, 2009 at 12:57 am
Hello, That is a dramatic chart, but without additional information it isn’t very valuable. Is it M1 or M2? Is it adjusted for inflation. Also, you can see that at the end, money supply dropped dramatically.
[...] Click here to see the U.S. money supply [...]
Steve Wotovich says:
October 3rd, 2009 at 2:48 pm
It should be noted that this graph shows the M0 or MB money supply which is a narrow measure of bills in circulation and bank reserves, not M1 or M2. While it is a dramatic graph, you have to understand that it simply represents banks hoarding money in reserves during the credit crisis and real estate collapse. You could also look at a related graph which shows the corresponding collapse in the velocity of money. I still think there will be significant inflaiton in 2-3 years based on the 7.7% annual growth rate of M2, but please refrain from misrepresenting the data.
Kered Jaspar says:
October 18th, 2009 at 2:12 am
This is M0, so since inflation is dependent on M1 and M2 we haven’t experienced inflation yet.
Won’t there be massive inflation once the economy recovers and the banks stop hoarding cash?
[...] increased the US monetary base by a whopping 120%. That’s right – there is more than twice as much money around today then there was before the collapse of Lehman Brothers last year. So why [...]
[...] increased the US monetary base by a whopping 120%. That’s right – there is more than twice as much money around today then there was before the collapse of Lehman Brothers last year. So why [...]
Paul Winkler says:
October 29th, 2009 at 6:02 pm
Guys, if Steve is right (and his explanation that this is fiat money supply makes sense), then it’s not that big a deal. The vast majority of money supply is not in physical form. Gold has been a horrible investment over the years. It relies on the greater fool concept. Each successive buyer must pay more and, if it goes high enough, mining becomes more profitable and then its value drops.
ziv says:
October 31st, 2009 at 7:19 am
Great chart! It is frightening in its simplicity.
Juni, shop your loan officers harder. I just locked at 5% no points a week and a half ago, and am thinking about buying it down to 4.75% with 1.875 points. I am going to be keeping the property long term so it will be worth it. But if the loan officer knows that they are being shopped, politely, they tend to come down a bit. Yesterday we were at 5.25% no point.
Buydown? Monday I signed a 15 year mortgage at 4.375% fixed, with an upfront cost of 0.625 points.
Nylund says:
October 31st, 2009 at 9:34 pm
When most people talk of the “Money Supply” they usually aren’t referring to the monetary base. what does a graph of a broader measure like M2 looks like?
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Jeffry Pilcher says:
March 4th, 2009 at 3:37 pm
You guys are on it! I was just Googling for graphs of the money supply last night. I couldn’t find anything quickly that went beyond 2006/2007. Thank you.
6 Tips To help You Make Money With Affiliate Marketing :Net Gone Crazy says:
March 5th, 2009 at 1:49 am
[...] Chart of The US Money Supply 1917-2009 | Charting Stocks [...]
Charls says:
March 5th, 2009 at 8:55 am
Definitely on it goodjob!
Tristan says:
March 18th, 2009 at 7:07 pm
Good chart,
But wouldn’t it be better adjusted for inflation?
ha!
Forex Robots says:
April 13th, 2009 at 3:46 am
Great Post
Why i cant subscribe to your feed?it seems theire are a problem
thank you
Tony says:
April 16th, 2009 at 2:30 pm
I’m listening to Peter Schiff podcast and was looking for chart so thanks.
I don’t understand. Looks like it went from 900 billion to 1800 so wouldn’t each dollar be worth like 50 cents? I’m not seeing a rise in prices (thank goodness). Peter says to get gold in Australia but I don’t know. I just buy FAS since they simply have got to fix the banks before anything else can recover or go up so… go FAS.
Juni says:
June 12th, 2009 at 2:21 pm
Tony, Gold is definitely good to own, but you should buy tangible gold. You have better control of it. If the dollar fails at least you have gold or silver to liquidate. With regards to inflation look at mortgage interest rates. Don’t let them fool you! Comparing lender rate sheets from a wholesale level, you’ll find that rates may be low, but the buy downs are high. You might see rates of 5.5% but at a cost of 1 to 3 points (depending on the lender). Tells me one thing: Investors (banks) are manipulating the market, keeping rates low and enticing customers. The truth is borrowers will need to come up with the money up front to buy the rate down. Without the buydowns, mortgage rates should be 6.5% to 7.0%. Buy Gold before it’s to late.
Distressed Asset Market Update - June 29, 2009 says:
July 2nd, 2009 at 11:57 am
[...] will come from higher taxes. Also, the U.S. has printed money at an alarming rate. Follow this link to see that in the last year, the federal government printed roughly twice as much money as it did [...]
Ryan says:
August 5th, 2009 at 12:57 am
Hello, That is a dramatic chart, but without additional information it isn’t very valuable. Is it M1 or M2? Is it adjusted for inflation. Also, you can see that at the end, money supply dropped dramatically.
A REASONABLE CASE FOR SECESSION – PT 2 | A New American Republic says:
August 8th, 2009 at 1:13 pm
[...] Click here to see the U.S. money supply [...]
Steve Wotovich says:
October 3rd, 2009 at 2:48 pm
It should be noted that this graph shows the M0 or MB money supply which is a narrow measure of bills in circulation and bank reserves, not M1 or M2. While it is a dramatic graph, you have to understand that it simply represents banks hoarding money in reserves during the credit crisis and real estate collapse. You could also look at a related graph which shows the corresponding collapse in the velocity of money. I still think there will be significant inflaiton in 2-3 years based on the 7.7% annual growth rate of M2, but please refrain from misrepresenting the data.
Kered Jaspar says:
October 18th, 2009 at 2:12 am
This is M0, so since inflation is dependent on M1 and M2 we haven’t experienced inflation yet.
Won’t there be massive inflation once the economy recovers and the banks stop hoarding cash?
John Paulson: all his personal assets in gold – VicktorCapitalist says:
October 23rd, 2009 at 10:51 am
[...] increased the US monetary base by a whopping 120%. That’s right – there is more than twice as much money around today then there was before the collapse of Lehman Brothers last year. So why [...]
Gold and eggs « 87th Street Capital says:
October 24th, 2009 at 8:34 pm
[...] increased the US monetary base by a whopping 120%. That’s right – there is more than twice as much money around today then there was before the collapse of Lehman Brothers last year. So why [...]
Paul Winkler says:
October 29th, 2009 at 6:02 pm
Guys, if Steve is right (and his explanation that this is fiat money supply makes sense), then it’s not that big a deal. The vast majority of money supply is not in physical form. Gold has been a horrible investment over the years. It relies on the greater fool concept. Each successive buyer must pay more and, if it goes high enough, mining becomes more profitable and then its value drops.
ziv says:
October 31st, 2009 at 7:19 am
Great chart! It is frightening in its simplicity.
Juni, shop your loan officers harder. I just locked at 5% no points a week and a half ago, and am thinking about buying it down to 4.75% with 1.875 points. I am going to be keeping the property long term so it will be worth it. But if the loan officer knows that they are being shopped, politely, they tend to come down a bit. Yesterday we were at 5.25% no point.
Mark says:
October 31st, 2009 at 9:16 am
Buydown? Monday I signed a 15 year mortgage at 4.375% fixed, with an upfront cost of 0.625 points.
Nylund says:
October 31st, 2009 at 9:34 pm
When most people talk of the “Money Supply” they usually aren’t referring to the monetary base. what does a graph of a broader measure like M2 looks like?
Mooney says:
November 16th, 2009 at 4:00 pm
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