miguefinance

Global Monetary Supply M2 Vs the Global GDP

miguefinance Updated   
This indicator compares the Global (world) Monetary Supply (measured in USD) compared to the Global GDP.

This can be useful to measure the "money printing speed" of the world compare to the "world gdp growth", the higher the slope (angle of growth) the more money printing.

It includes the exact same countries of the Global M2 indicator (done by me), to make fair the comparison, which has the richest and most populous countries so to have a clear overview.

There tough a few very populated countries excluded, the details can be found on the Global M2 indicator script and reason for exclusion.


Enjoy!
Release Notes:
Introduced the Velocity of Money and Added Labels
Release Notes:
Removed the Forced Overlay

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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