Sunday, July 29, 2012

M2 is over $10 trillion

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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