Global Money Supply Hits Record $103.66 Trillion Amid Central Bank Expansion

The global money supply has reached an all-time high of $103.66 trillion, marking the 10th consecutive monthly increase in August.

The Federal Reserve, European Central Bank, Bank of Japan, and People's Bank of China added a combined total of $1 trillion to the global money supply last month.

This surge in money circulation typically leads to increased investment in assets like stocks, gold, and Bitcoin.

In other news, Iran's oil exports have significantly decreased from approximately 2 million barrels per day in March to only 220,000-255,000 barrels by August, resulting in reduced revenue for the country.