The US M2 money supply surged +4.5% YoY in June

BREAKING: The US M2 money supply surged +4.5% YoY in June to a record $22.02 trillion.

This marks the 20th consecutive monthly increase and the largest increase since July 2022.

The surge brings M2 closer to the 2000–2025 average annual growth rate of 6.3%.

Additionally,… pic.twitter.com/Xqw3fOh46g

— The Kobeissi Letter (@KobeissiLetter) July 24, 2025