Federal Reserve (FED) · Bitcoin.com News
US Money Supply Hits Record $23 Trillion as Critics See a New Fed-Fueled Bubble
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
The U.S. money supply climbed to $23.05 trillion in May, the first time the Federal Reserve’s M2 gauge has ever crossed the $23 trillion mark.
Key facts
- The Federal Reserve’s H.6 money stock release, published yesterday, put seasonally adjusted M2 at $23,052.3 billion for May, up from $22,804.5 billion in April (a one-month jump of $247.8 billion)
- The U.S. money supply climbed to $23.05 trillion in May, the first time the Federal Reserve’s M2 gauge has ever crossed the $23 trillion mark
- The gauge has now risen every month this year, climbing from $22,429.3 billion in January, an expansion of roughly $623 billion in four months
- M2 spent 2022 and 2023 contracting, the sharpest decline since the Great Depression era, before resuming growth
Summary
M2 rose $247.8 billion in May 2026 to $23.05 trillion, up $623 billion since January, FRED data shows. The Mises Institute says 2026 money-supply growth hit a multi-year high as the Fed “pumps new QE.” WGC data shows central banks added 41 tonnes of gold in May as debasement hedges gain favor. The Federal Reserve’s H.6 money stock release, published yesterday, put seasonally adjusted M2 at $23,052.3 billion for May, up from $22,804.5 billion in April (a one-month jump of $247.8 billion).