July Money Supply up 11.3% Since April – That’s Before QE III!

Percent Change at Seasonally Adjusted Annual Rate M1 M2
3 Months from Apr 2012 TO Jul 2012 11.3| 6.5|
6 Months from Jan 2012 TO Jul 2012 8.5| 5.6|
12 Months from Jul 2011 TO Jul 2012 15.7| 8.1|

See Full Data Here.

 

Wikipedia on Money Supply

Sure looks to me like the printing presses over at the Fed are still working. Thanks to George Ure for pointing this out.

~ Catherine

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