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M3 Money supply and Shadow Stats

Lord Tammerlain

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As the US government stopped providing the M3 money supply stat, does anyone have access to Shadow stats which I believe calculates it. If possible could the M3 growth over the last 10 years be posted

It would be appreciated
 
Thanks

It has decreased a lot less then I would have expected
 
Lord Tammerlain said:
Thanks

It has decreased a lot less then I would have expected
Click to expand...

That might be due to the fact that there are so many underwater mortgages. Both commerical and residential mortgages are on life support. Also remember that our trade deficit creates many dollars as China et al reinvest their funds in dollars, along with other foreigners.
 
Lord Tammerlain said:
It has decreased a lot less then I would have expected
Click to expand...

"Money" to the average American, who until recently wasn't "saving" much, is a credit card or HELOC:

 
I forgot to add that "cash" is the stuff Americans send to the bank so it keeps giving them "money."
 
Ahlevah said:
"Money" to the average American, who until recently wasn't "saving" much, is a credit card or HELOC:
Click to expand...

Thats very true. If I ever say "I have $50 in my wallet" that probably means that I have a credit card that is $50 away from being maxed out.
 
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