Global money supply is now up to a record $45 trillion.
This comes as China's M1 money supply has risen to $16.5 trillion, an all-time high.
#China has driven the majority of global money supply growth this year.
China is currently the largest producer of narrow money in the world, accounting for ~37% of the total.
Meanwhile, the US M1 money supply, excluding savings deposits, is up to a record $8 trillion, representing ~18% of the world's total.
Global liquidity is expanding.
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Global money supply is out of control:
Global money supply is now up to a record $45 trillion.
This comes as China's M1 money supply has risen to $16.5 trillion, an all-time high.
#China has driven the majority of global money supply growth this year.
China is currently the largest producer of narrow money in the world, accounting for ~37% of the total.
Meanwhile, the US M1 money supply, excluding savings deposits, is up to a record $8 trillion, representing ~18% of the world's total.
Global liquidity is expanding.