The Kobeissi Letter
The Kobeissi Letter|Apr 10, 2026 22:39
BREAKING: US M2 money supply jumped +4.8% YoY in February, to a record $22.6 trillion, marking the 24th consecutive monthly increase. Money supply is now ~$700 billion above the March 2022 peak. Since the 2020 pandemic, M2 has surged +$7.1 trillion, or roughly +$1.2 trillion per year. Since 2000, money in circulation has grown at an average annual rate of +6.2%. The US Dollar is losing purchasing power at a historic pace.(The Kobeissi Letter)
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