Money-supply growth rose year over year in February for first time since mid-2022

Money-supply growth rose year over year in February for the seventh month in a row , the first time this has happened since mid-2022 .

In February , year-over-year growth in the money supply was at 2.75 percent .

February 's growth rate was up from January ’s rate of 2.34 percent .

Month over month , however, M2 decreased by -0.12 percent from January to February .

Ryan McMaken : Fed abandoned its previously stated goals for shrinking its balance sheet in March .

McMaken says the Fed has little interest in reducing its assets as inflationary subsidies for the federal government and for the mortgage industry.

He says when these asset holdings are reduced, that removes money from the economy, and the dollar would regain some of the purchasing power destroyed by monetary inflation.