29 mai 2017 3

Free money supply and growth

Rédigé par jp-chevallier dans la rubrique English, Etats-Unis, masse monétaire libre

The relationship between changes in the money supply and growth has been a very important subject for a decade. A concrete example from well-known economic theories allows us to understand them… As soon as the Böhm-Bawerk’s peasant sells his harvest on the market in neighboring town, he buys a plow (to increase his production, productivity [...]

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3 octobre 2012 15

Free money supply and growth

Rédigé par jp-chevallier dans la rubrique English, masse monétaire libre

Changes in real GDP are inversely proportional to those of the free money supply M2-M1 which is the difference between the change in the monetary aggregate M2-M1 and (minus) real GDP growth (year on year %). In other words, the variations of the free money supply are driving: the increase in free money supply M2-M1 [...]

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20 août 2011 0

United States: GDP down!

Rédigé par jp-chevallier dans la rubrique English

As was feared, GDP down 2.7% in this 3rd quarter 2011 from the previous, which represents a 0.3% year-to-year growth, according to the latest figures of the monetary aggregates published by the Fed Thursday evening, confirming my previous analysis, Figure 1: The present crisis is the same that the Lehman Brothers bankruptcy. Indeed, Americans increase [...]

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