BREAKING: US M2 money supply surged +$247.8 billion in May, to a record $23.1 trillion. This marks the largest monthly increase since May 2021. Year-to-date, M2 has soared +$698.6 billion, the largest January to May increase in 5 years. Money supply now stands $1.3 trillion above the March 2022 peak. Since 2000, money in circulation has grown at an average annual rate of +6.3%. US money creation is accelerating.(The Kobeissi Letter)