BREAKING: The US M2 money supply surged +4.5% YoY in June to a record 22.02 trillion. This marks the 20th consecutive monthly increase and the largest increase since July 2022. The surge brings M2 closer to the 2000–2025 average annual growth rate of 6.3%. Additionally, inflation-adjusted M2 rose +1.8% YoY last month. For perspective, US M2 Money Supply was ~8.46 trillion, or 62% lower, at the end of the 2008 Financial Crisis. The US Dollar's purchasing power is in a perpetual bear market.(The Kobeissi Letter)