US Money Supply Hits Record $23 Trillion as Critics See a New Fed-Fueled Bubble
The U.S. money supply climbed to $23.05 trillion in May, the first time the Federal Reserve’s M2 gauge has ever crossed the $23 trillion mark. The record lands as critics have accused the Fed of quietly restarting stimulus. Inside the Federal Reserve’s Latest Numbers The Federal Reserve’s H.6 money stock release, published yesterday, put seasonally […]