The average annual rate of growth of the US broad money supply (BMS) from 2001 to 2019 was 5.7%, indicating a significant rise in money available.
The analysis revealed that US price inflation, as measured by the Consumer Price Index (CPI), averaged 2.2% annually during the same period, reflecting steady inflationary pressures.
Household savings in the US grew at a modest rate of 1.0% per year from 2001 to 2019, demonstrating limited growth in consumer savings behavior.
The residual time series (RES) indicated a growth rate of only 0.5% annually, suggesting inconsistencies in the relationship between BMS, GDP, CPI, and savings.
Collection
[
|
...
]