M5 is my 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 6/30/21:
M2 (as of 5/1/21): 20,370.1
Public Debt (as of 6/30/21): 22,329.8
Fed Held (as of 6/30/21): -5,183.4
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Total: 37,516.5
On 5/31/21, this was at 37,042.3 and on 9/30/20 it was at 35,296.8. So for May, it was up an annualized amout of 15.4%. This number is up 2,219.7 fiscal year-to-date, which is an annual inflation rate of 9.4%. Needless to say, this is not sustainable.
Inflation is complex and doesn't affect prices equally. There is inflation in housing prices, energy, food, wages, etc. But one factor is the rate of increase in the expanded money supply, and as I have shown that is increasing about 9% per year.
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