U.S. money supply hits record high — again
In May, the U.S. M2 money supply rose 4.5% YoY to a new all-time high of $21.94 trillion — marking 19 straight months of growth.
Inflation-adjusted M2 is also up 2.1% — the biggest jump since early 2022.
Since 2020, the money supply has grown by nearly $7 trillion.
The result? The U.S. dollar keeps losing long-term buying power.
