Understanding Financial Deepening: Global Money Supply, Global GDP & How It Affects Asset Prices
Ever wondered how global money supply influences asset prices? Dive into our latest essay on financial deepening, where we unravel the impact of money supply growth outpacing GDP growth. Since 2008, this phenomenon has shaped speculative markets, driving up prices of everything from equities to cryptocurrencies. Discover why financial deepening isn’t just a textbook concept but a crucial factor for speculators. We’ll explore how central bank policies create cyclical trends, affect inflation, and ultimately, lead to valuation distortions.
Macro Research