BREAKING: Global broad money supply surged +6.7% YoY in September, reaching a record 142 trillion. This measure covers 169 economies, representing 99% of global GDP. Year-to-date, money supply has jumped +9.1%, driven by China and the US. Since 2000, global money supply has risen +446%, or 116 trillion, a compounded annual growth rate of +7.0%. China now makes up the largest proportion, at 47 trillion, or 33% of global liquidity. The European Union follows at 22.3 trillion, or 16%, and the US at 22.2 trillion, or 16%. Money supply is through the roof.(The Kobeissi Letter)