Editorial Type:
Article Category: Research Article
| Online Publication Date: 01 Dec 2010
Editor's Column
Editor's Column
ASA
Page Range: 131 – 137
Copyright: © 2010 American Society of Appraisers
Figure 1.
Annual U.S. Money Supply Growth – SGS Continuation Monthly Average through Jan. 2011 (St. Louis Fed, SGS) Courtesy of Shadowstats.com
Note: The Fed ceased publishing M-3, its broadest money supply measure, in March 2006. The SGS M-3 Continuation estimates current M-3 based on ongoing Fed reporting of M-3's largest components (M-2, institutional money funds and partial large time deposits) and proprietary modeling of the balance.