Where Data Tells the Story
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The ten economies with the fastest broad money supply (M2/M3) growth from December 2023 to December 2024 were Argentina (+125.4%), Ghana (+40.7%), Nigeria (+40.0%), Turkey (+39.0%), Uzbekistan (+30.6%), Egypt (+29.1%), Iran (+28.1%), Zambia (+27.5%), and Guyana (+22.5%). Such rapid monetary expansion often signals high inflation, currency depreciation, or aggressive economic stimulus measures.