Hey Grant & Adrian: Where did the $50 billion increase in the Kiwi money supply come from? Mr Putin?
Here are some numbers buried in the Reserve Bank's "Money and Credit Aggregates", as measured by "M1", which is the amount of cash held by the public, as well as in cheque accounts used to finance transactions: Narrow Money Supply (M1) March - 2020 TOTAL $ 91,128 million Currency held by the public $ 6,697 m Transaction deposits $ 84,430 m Narrow Money Supply (M1) March - 2022 TOTAL $ 140,155 million Currency held by the public $ 8,361 m Transaction deposits