Money Supply on the Rise as Fed Eases Off the Brakes

In the United States, the money supply is on an upward trajectory as the Federal Reserve hesitates to fully commit to monetary tightening. February saw the money-supply growth rate near a two-year high, indicating a lack of resolve from the Fed in reducing its balance sheet. It's a classic case of economic misdirection, where promises to control inflation fade into bloated currency practices. This might look like a boon for short-term liquidity, but it ignores the long-term consequences of a continually growing money supply, which could fan the flames of inflation.