Record $122 Trillion Global Money Supply Triggers Inflation Fears

Own assets at a time of currency erosion, says top economist Daniel Lacalle.
Record $122 Trillion Global Money Supply Triggers Inflation Fears
U.S. dollar bills in Washington on Nov. 13, 2025. Madalina Kilroy/The Epoch Times
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The global dollar-denominated money supply recently reached a record $122 trillion in March.

The money supply measures the amount of money circulating in the economy and the liquidity available to businesses and households to spend or invest.

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Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."