Real Money Supply Growth vs. Recessions

The following chart shows inflation adjusted MZM money stock growth per capita (as a year over year percentage).


Click to enlarge.

The chart above suggests that we might want to start bracing for another recession at some point.


Click to enlarge.

In sharp contrast, this chart suggests that a recession is virtually impossible.

You want scary? What will happen to confidence if the impossible occurs?

"May you live in interesting times."

Source Data:
St. Louis Fed: MZM Custom Chart
St. Louis Fed: Federal Funds Rate