US-China M2 money supply rises $7.9 trillion year over year to record $76.4 trillion

  • US and China recorded a combined M2 money supply of $76.4 trillion in August.
  • The combined total increased $7.9 trillion year over year and more than doubled in 10 years.
  • China’s M2 reached $53.1 trillion, while US M2 reached $23.3 trillion at all-time highs.

The combined M2 money supply of the United States and China reached a record $76.4 trillion in August after rising $7.9 trillion year over year. China accounted for $53.1 trillion, while the United States contributed $23.3 trillion; both figures were reported at all-time highs. The combined measure has more than doubled over the last 10 years. M2 is a broad money-supply measure that generally includes cash, checking deposits and certain savings deposits.

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