This post is an attempt to construct an active chart...

This post is an attempt to construct an active chart of money supply data that is useful in assessing the likely direction of future economic activity. This is an ongoing effort that relies heavily on the work of Austrian economist Frank Shostak who has previously written on this subject on the Ludwig von Mises Institute and other places. Before we can construct charts of money supply we first must agree what it is we want to measure. Answers. com provides many definitions definition of money but none of them are useful for our purposes. Wikipedia's disscussion of Money Supply includes M0, M1, M2, and M3. There is also MZM (Money with Zero Maturity). So which one of those makes the most sense to track? Please stick around because the answer might surprise you, with lots of neat charts to prove it (click on any chart for a better look at it) . But first let's tackle the methodology. In The Mystery of the Money Supply Definition Shostak wrote: