During July 2020, year-over-year (YOY) growth in the money supply was at 36.9 percent. That's up from June's rate of 34.4 percent, and up from July 2019's rate of 2.21 percent.
Jeff Booth says that fast-improving technology causes prices to fall, and that we would have a more prosperous world if government would step aside and embrace deflation rather than fight it.