Monday, October 7, 2013

New M5 calculation

M5 is what I call my measurement of total money supply, for a lack of a better term.  Here are the numbers for 9/30/2013:

10,832.0 M2 (as of 9/23/2013)
11,976.3 Public Debt (as of 9/30/2013)
-2,062.0 US Treasuries owned by the Fed (as of 9/26/2013)
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20,746.3

Previous numbers:
9/30/2012 19,749.4
9/30/2011 17,963.6

So it is up only 5% in FY 2013, after a 10% increase in FY 2012.  I think this is a pretty good measurement of inflation.

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Update:

10880.8 M2 (as of 9/30/2013)
11,976.3 Public Debt (as of 9/30/2013)
-2,076.9 US Treasuries owned by the Fed (as of 10/02/2013)
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20780.2

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