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  • “True Money” a/k/a “Austrian Money” YoY 3-month moving average supply growth has slowed dramatically to 3.0%, as of June 30th from over 14%.  Forward 12-month small-cap returns typically struggle i.e. lose money, when money growth slows sharply from over 12%.
  • When “True Money” 3-month moving average supply growth falls bel...full article available after login

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