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POSTED ON July 13, 2022  - POSTED IN Key Gold Headlines

The slowdown in money creation could be signaling a recession.

The growth in the money supply has dropped precipitously over the last several months. As measured by M2, the money supply expanded by 6.6% year on year. That was down from April’s growth rate of 8.21%. In  May 2021, M2 grew by 14.30%. M2 growth peaked at a record 26.91% in February 2021.

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