M5 for December 31

I said I would shut down my blog, but I think this is important enough to note.

M5 is a measure of money that includes M2, plus debt held by the public, less Treasuries owned by the Fed. Here is the current measure:

As of 12/31/2020:

M2 (as of 12/21/20) = 19,197.0

Public Debt (as of 12/31/20) = 21,632.4

Fed Held = -4,688.9

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Total = 36,140.5

On 11/30/20, it was at 35,843.9 and on 9/30/20 it was at 35,296.8.  So it is up 296.6 for the month of November and up 843.7 fiscal year to date.  This is an annual inflation rate of 9.9%.