For example, moneysupplygrowth since 1900 has averaged about 7 percent per annum, whereas, currently, the rate of growth in M2 is about 36 percent below the long - term average, indicating a very weak growth rate.
The Fed is shrinking their balance sheet: See this CNBC video interview of Jim Grant and the graph of moneysupplygrowth is shown about 1.5 minutes into the interview....