US Money Supply Hits Record $23 Trillion as Critics See a New Fed-Fueled Bubble

The U.S. money supply climbed to $23.05 trillion in May, the first time the Federal Reserves M2 gauge has ever crossed the $23 trillion mark. The record lands as critics have accused the Fed of quietly restarting stimulus. Inside the Federal Reserves Latest Numbers The Federal Reserves H.6 money stock release, published yesterday, put seasonally []