The Kobeissi Letter|Nov 08, 2026 22:35
BREAKING: US M2 money supply jumped +$113 billion in August, to a record $23.41 trillion.
YoY, M2 grew +5.7%, its largest YoY increase since May 2022.
This also marks the 3rd consecutive month of accelerating growth.
So far in 2026, M2 has risen by an average of +$136 billion per month.
This is 89% above the average monthly growth of +$72 billion recorded throughout 2025.
US money creation is gaining momentum.
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