Money Supply booming, seeds of the next Greater Recession

``The money supply, as measured by THE CONTRAIAN TAKE‘s broad (and preferred) TMS2 metric (TMS for True "Austrian" Money Supply), posted a 14.6% year-over-year increase in February, making this the 39th consecutive month of double digit year-over-year rates of monetary inflation.  All told, TMS2 is up a huge 50% over those 37 months.  Even more interesting is what those TMS2 metrics were leading up to the housing boom turn credit bust turn Great Recession -- 37 consecutive months for a cumulative increase of 50%.''