Mises Wire
Author:
Ryan McMaken
Online Publish Date:
Growth in the supply of US dollars fell again in August, this time to a 108-month low of 4.2 percent. The last time the money supply grew at a smaller rate was during August 2008 — at a rate of 4.1 percent. The money-supply metric used here — an “Austrian money supply” measure — is the metric developed by Murray Rothbard and Joseph Salerno, and