Bullish

US M2 money supply rose $102.8B in July to record $23.22T

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US M2 money supply increased by $102.8 billion in July to a record $23.22 trillion. This was the 27th consecutive monthly rise. Year-to-date 2026: +$862.7 billion. M2 now exceeds the March 2022 peak by $1.43 trillion. Since 2000, money in circulation has grown at an average annual rate of 6.3%, or about $700 billion per year. The current pace indicates rapid expansion in US money creation.