Yet the most ominous metric of macro distress is the slump in Chinese economic growth, M2 money supply
and fixed asset investment amid a Politburo sanctioned crackdown on the shadow banking system, wealth management (LOL!) products, property speculation and capital flight.
Egypt's M2 money supply
up 21.36% in April Egypt's M2 money supply
grew by 21.36 percent year-on-year in April, central bank data showed on Thursday.
Both factors contributed to the acceleration in the M2 money supply
(taking into consideration cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits.)
Broad M2 money supply
grew 8.2% in March from a year earlier, missing forecasts for an expansion of 8.9% and compared with 8.8% in February.
M2 money supply
declined by 2.3 percent Y/Y to SR1.6 trillion despite demand deposits falling by 10.7 percent Y/Y as a 19.6 percent surge in time and savings deposits dampened the impact.
Their decline by KD 652 million pushed growth in broad M2 money supply
down to 0.9% y/y; growth in narrower M1 money supply recorded a 2.2% y/y decline.
"Growth in the broad M2 money supply
measure has been gradually trending lower since the end of 2014, on the back of lower oil prices.
South Korea's M2 money supply
grew at the fastest pace in five years in September due largely to ample liquidity amid a low interest rate trend, the central bank said Wednesday.
New yuan loans totaled 1.02 trillion yuan and M2 money supply
rose 12.5 percent.
The broad M2 money supply
measure in January rose just 10.8 percent from a year earlier, central bank data showed on Friday, the weakest pace since records started in 1998 and well under a 12.1 percent forecast.
The People's Bank of China could raise its M2 money supply
growth target to 14 percent in 2015, from the current 13 percent.
James Rickard in the New Dollar scenario has endeavored to calculate new gold prices that will range from $2590 an ounce in case of 40% gold backing of US M1 money supply to $44552 an ounce in case of 100% gold backing of the US China ECB M2 money supply