Steve Hanke(@steve_hanke):Any way you slice and dice the US money supply, it's running HOT. Center for Financial Stability Divisia M1 is growing at 6.7%/yr, M2 at 6.1%/yr, M3 at 7.0%/yr, M4 at 7.4%/yr. All four are up from a year ago. THE INFLATION GENIE REMAINS OUT OF THE BOTTLE.

Steve Hanke

@steve_hanke

Professor of Applied Economics @JohnsHopkins | Senior Contributing Columnist @Fortune | FX & Commodity Trader | Reagan White House | Views are my own

Joined October 2012

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Steve Hanke@steve_hanke

2026.11.06 03:20

Any way you slice and dice the US money supply, it's running HOT. Center for Financial Stability Divisia M1 is growing at 6.7%/yr, M2 at 6.1%/yr, M3 at 7.0%/yr, M4 at 7.4%/yr. All four are up from a year ago. THE INFLATION GENIE REMAINS OUT OF THE BOTTLE.