Mainstream economics tells us that we need a growing money supply to keep an economy growing. But what if a growing money ...

In May 2020, the Fed changed the official formula for calculating the M1 money supply ... rate grew to 9.1% in June 2022. The nation had successfully navigated the economic downturn, but the growt ...

Monetarists believe that the objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism gained prominence in the 1970s—bringing down inflation in the ...

And, indeed, if we list out our annual performance at the 11.6% compound annual growth rate, the math does check out: Microsoft Excel does not have a standardized CAGR Formula. But we can create ...

The increased business activity raises the demand for labor. The opposite can occur if the money supply falls or when its growth rate declines. Banks lend less, businesses put off new projects ...