BREAKING: Global broad money supply rose +9.3% YoY in July, to a record 140 trillion. This metric covers 169 countries and territories, representing 99% of global GDP. Since the beginning of the year, money supply in US Dollars has jumped by +10 trillion. World money supply has risen by a MASSIVE +40 trillion since the 2020 pandemic. This represents a compounded annual growth rate (CAGR) of +7.0%. Global liquidity is surging.(The Kobeissi Letter)