2012-07-16:
10,035.1
Billions of Dollars
I wonder what the doubling time is? M2 hit $5 trillion at the beginning of 2001, so by that measurement it is 11 years. On 7/18/2011, the number was 9233, for an annual growth rate of 8.7%. This shows a doubling of just over 8 years.
So it is fair to say that M2 will be at 20 trillion in July 2021.
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