How many of you remember this from the early 1980's ?? I remember getting daily briefings on the money supply from CNBC or some such cable news show. The talk was always about the M2. In other words, how much was available to the banks to loan out. It may be a bull market in the stock exchanges today but the long term outlook is not as bright.

It seems the M2 is the money that is readily available and the money that was in bank accounts at banks and credit unions across the county. I see that America is losing it's M2 supply of available money. This from the Motley Crew

https://www.msn.com/en-us/money/mar...e0ec6307b44f04a5a08e6391e3c0ca&ei=32

U.S. Money Supply Hasn't Done This Since the Great Depression, and It Usually Signals a Big Move to Come in Stocks
Story by Sean Williams •
14h
U.S. money supply hasn't done this since 1933
While there are a handful of money supply measures, M1 and M2 are the two that economists tend to focus on the most.

M1 money supply encompasses cash and coins in circulation, as well as demand deposits in a checking account. Think of M1 as easily accessible money that can be spent at a moment's notice. M2 accounts for everything in M1 and adds in savings accounts, money market accounts, and certificates of deposit (CDs) below $100,000. It's money people can still get to with relative ease, but it requires a bit more work to be spent. It's this latter category that's raising eyebrows and ringing alarm bells.
Historically speaking, M2 has risen at a relatively steady pace for more than 150 years. As the U.S. economy grows, more capital is required to facilitate transactions. But in those rare instances where M2 notably declines, trouble has followed.
(click the link to see the chart)

As you can see from the chart above, M2 money supply has dipped from a peak of $21.7 trillion in July 2022 to $20.77 trillion in November 2023. M2 is down a little over 2% on a year-over-year basis and 4.31% from its all-time high set in mid-2022. It's the first notable drop in M2 money supply since the Great Depression.

For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.