The author examines the money supply represented by M2, the Federal budget deficit, the Fed’s previous adventures with QE, and the correlation to inflation. Click to read.

In November, year-over-year growth in the money supply was at 2.35 percent. That’s a 27-month high and the largest ...

Monetarists believe that the objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism gained prominence in the 1970s—bringing down inflation in the ...