The Global Money Supply has just hit a rare yearly growth rate of 9%. Here’s what followed for Bitcoin the last few times this signal appeared.
Global Money Supply Is Currently Sharply Going Up
In a new post on X, Capriole Investments founder Charles Edwards has talked about the latest trend in the Global Money Supply. The “Global Money Supply” refers to an indicator that measures the total amount of fiat supply (priced in US Dollars) issued by the top countries around the world.
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Below is the chart shared by Edwards that shows the data for the year-on-year growth in the metric:
As displayed in the graph, the metric’s value has recently been witnessing an increase, indicating that fiat supply is going up. “Central
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