Economic Cycle Picks Up Speed
Good news from the fiat credit front: in the #USA, the #M2 money supply rose from 21.56 in Jan to 21.67 trillion #USD in February, according to the #Fed. This is a good sign amidst mixed economic data, showing that the credit mechanism is intact and we can expect rising liquidity and a stable business cycle in the coming months.
At a global level, a further weakening of the US dollar should provide considerable relief on the refinancing front and further liquidity.

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