www.conomagic.com shows currency in circualtion and the adjusted monetary base each nearly doubling…200 some billion to nearly 500 billion
m1 went from 800 billion to 1200 billion
i assume that means an increase of non currency money of about 600 billion to 700 billion from 1990 to 1995
this doesnt seem like a sharp increase in credit over a five year period compared to the currency increases.
were there little or no malinvestmets during this period?? is a 20 billion per year increase in credit compared to a 60 billion per year increase in cash enough to stil caause malinvestments as austrian site posters say?