Source: Cobden Centre
by Dr. Frank Shostak
“There is a high likelihood that due to the past large decline in the yearly growth rate of the money supply, the US economy is heading towards an economic bust. Note that the yearly growth rate of money supply fell from 79% in February 2021 to minus 7% by May 2023. The sharp decline in the yearly momentum of money supply is starting to hurt various activities that emerged on the back of the huge increase in the money supply yearly growth rate between August 2019 and February 2021 – from minus 1% to 79%. It is likely that the effect of this massive increase is still dominating the present state of economic activity.” (06/02/26)
https://www.cobdencentre.org/2026/06/is-the-us-economy-headed-for-a-bust/