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Does the Collapse in US Money Supply Confirm a Recession? – Swamponomics

The Federal Reserve stopped printing money.

Andrew Moran
ByAndrew Moran
PublishedFeb 10, 2023

The Federal Reserve released the M2 money supply data to the public in January 1960. For the first time on record, the annual rate of money printing turned negative, contracting more than 1% in December. Does this confirm a recession for the US economy in 2023 and beyond?

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About the Author

Andrew Moran

Andrew Moran

Economics Editor

Economics Editor at LibertyNation.com. Andrew has written extensively on economics, business, and political subjects for the last decade. He also writes about economics at The Epoch Times and financial markets at FX Daily Report. He is the author of “The War on Cash.” You can learn more at AndrewMoran.net.
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