The global M2 money supply has reached a new all-time high, with the U.S. M2 money supply alone hitting $22 trillion. This surge in liquidity is viewed as a critical economic indicator. In China, the M1 money supply has increased by 4.6% year-over-year to a record $16 trillion, accelerating from earlier gains of 2.3% in May and 0.4% at the start of the year. China's M1 money supply is now twice the size of the U.S. M1, excluding savings. The ongoing expansion of global money supply reflects heightened liquidity conditions worldwide.