AAS Economics
AAS EconomicsMoney supply and monetary liquidity are the essence of our research, following the multi-decade work of Dr Frank Shostak. We help you understand how these affect the economy and how to take advantage of them in your investment decision-making process.
| Platform |  | Pricing | Freemium | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 208 | Subscribers | Read | aaseconomics.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Rate of US Bank Magic Money Creation Falls: Weekly Update
Here’s a roundup of the latest US commercial bank lending data for the week ending November 26, 2025.
Weekly Major Central Banks' Update
Here’s a quick review of recent central bank asset growth. Data were not released this week in the US due to the Thanksgiving holiday (a warm Happy Thanksgiving to all our US readers!).
Australian Growth Accelerates, US Industry Rebounds, Turkey’s Inflation Cooling
#### Australia’s economy picks up speed
Profit Isn’t a Reward for Risk – It’s a Reward for Serving Consumers
According to Modern Portfolio Theory (MPT), financial asset prices fully reflect all available & relevant information, and any adjustment to new information is virtually instantaneous.
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Authors
The writers behind this newsletter.
With a team comprising over a hundred years of collective economics and financial market experience, AAS Economics rigorously applies Austrian monetary economics to business cycle forecasting and asset allocation.
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