Australia and money supply growth

Discussion in 'Markets & Economies' started by rbaggio, Feb 6, 2011.

  1. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Over the month of March, M3 grew by 0.6 per cent and broad money grew by 0.6 per cent. Over the year to March, broad money grew by 6.0 per cent.
     
  2. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    This thread is LEGEN

    Wait for it.....


    DARY!
     
  3. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    forward it to your constituent
     
  4. valuecreator

    valuecreator Well-Known Member Silver Stacker

    Joined:
    Dec 2, 2012
    Messages:
    1,526
    Likes Received:
    82
    Trophy Points:
    48
    Location:
    Qld
    that's about what the real price inflation is right now.
     
  5. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    amazing isnt it :cool:
     
  6. argentum_tumulus

    argentum_tumulus New Member

    Joined:
    Apr 15, 2013
    Messages:
    16
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney, Australia
    It would be interesting to see what the graphs look like with a log scale on the vertical axis, mainly to compare pre and post 1971 and 1982/1982.
     
  7. argentum_tumulus

    argentum_tumulus New Member

    Joined:
    Apr 15, 2013
    Messages:
    16
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney, Australia
    I would question why it is the 4th or 5th biggest traded currency.

    Mining, food exports and our financial institutions that borrow from overseas all add up but our GDP is at the smaller end of the G20 nations. I wouldn't have thought we had a big enough monitory base to support such volumes of trade.
     
  8. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    So money supply grows by 1% in a single month.
     
  9. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,679
    Likes Received:
    4,440
    Trophy Points:
    113
    Interest rate differential.
     
  10. CriticalSilver

    CriticalSilver New Member Silver Stacker

    Joined:
    Dec 10, 2010
    Messages:
    2,639
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Australia
    Currency wars? The AUD has dropped in value significantly through April and May. They grandstand about the lowering of interest rates, while keeping absolutely quiet about doubling the rate they are inflating the currency supply. It will be interesting to see the report for May. If I recall correctly, money printing peaked at around 16% YOY in 2008/09. So at 12% annualised, there is still a lot more money they can print before exceeding recent historical highs.
     
  11. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Over the month of May, M3 grew by 0.8 per cent and broad money grew by 0.4 per cent.

    Over the year to May, broad money grew by 6.0 per cent.
     
  12. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Over the month of June, M3 grew by 0.4 per cent and broad money grew by 0.4 per cent.

    Over the year to June, broad money grew by 5.4 per cent.
     
  13. Leo

    Leo New Member

    Joined:
    May 11, 2013
    Messages:
    45
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Maybe It's time I should move my savings into something more tangable :S
     
  14. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    The last time growth in broad money was at ~5% YOY was in 2010-2009 and before that, 2001 :)

    Interesting to see if the trend continues downward.
     
  15. Argentum

    Argentum Well-Known Member

    Joined:
    Nov 7, 2010
    Messages:
    1,970
    Likes Received:
    40
    Trophy Points:
    48
    Location:
    Australia
    seems to be slowing down a bit
     
  16. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Over the month of July, M3 grew by 0.5 per cent and broad money grew by 0.5 per cent.

    Over the year to July, broad money grew by 5.5 per cent.
     
  17. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Slight contraction of the money supply.

    Interesting.

     
  18. SilverSaviour

    SilverSaviour New Member

    Joined:
    Aug 2, 2011
    Messages:
    285
    Likes Received:
    0
    Trophy Points:
    0
    Indeed...
     
  19. rbaggio

    rbaggio Active Member Silver Stacker

    Joined:
    Aug 5, 2010
    Messages:
    4,300
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Australia
    Over the month of September, M3 increased by 0.6 per cent and broad money increased by 0.6 per cent.

    Over the year to September, broad money grew by 5.2 per cent.
     
  20. CriticalSilver

    CriticalSilver New Member Silver Stacker

    Joined:
    Dec 10, 2010
    Messages:
    2,639
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Australia
    Over the month of October, M3 increased by 0.6 per cent and broad money increased by 0.6 per cent.

    Over the year to October, M3 grew by 6.3% broad money grew by 5.6 per cent.

    (I note the figures for September were actually revised to M3 - 0.7, Broad Money - 0.7)

    reference: RBA Publication (.xls)
     

Share This Page