Aug 5, 2020

Mike Wilson on money supply growth on the risk of inflation

It’s fair to say we have never observed money supply growth as high as it is today. The Fed may not be in control of Money Supply growth which means they won’t have control of inflation either, if it gets going.

~ Mike Wilson, Morgan Stanley chief U.S. equity strategist, "The ballooning money supply may be the key to unlocking inflation in the U.S.," CNBC.com, August 5, 2020


Chart of the M2 money supply, monthly, percent change from prior year.

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