Credit Crunch: The Money Supply Has Shrunk For Eight Months In a Row

Credit Crunch: The Money Supply Has Shrunk For Eight Months In a Row

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Money supply growth fell again in June, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. June's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years. Since April 2021,…

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