Just a quick update. The estimated M2 money stock for World continues slow. On a year-over-year basis, world M2 money stock increased at 8% rate, down from the 11% pace high water mark back in 2011 and 15.5% pace in 2008.
This suggests to me that the pace of economic activity and inflation continues to decelerate globally. This may suggest another round of monetary stimulus approaches.
This suggests to me that the pace of economic activity and inflation continues to decelerate globally. This may suggest another round of monetary stimulus approaches.
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