Macro

BRICS Money Supply: Reported Growth Contains Arithmetic Inconsistencies

Blockchain Stories cites about $10 trillion in 2009 and nearly $60 trillion in 2026. Those years are 17 years apart and the ending stock is almost six times as large. The underlying time series has not been independently verified here.

Friday, September 4, 2026BTC

2009 to 2026 spans 17 calendar years.

10 to nearly 60 means almost six times the stock, an almost 500 percent increase.

Source figures are not an independently verified time series or price forecast.

Story

Blockchain Stories, citing Alphractal, reports BRICS M2 growth from about $10 trillion in 2009 to nearly $60 trillion in 2026. These source figures have not been independently verified here against the underlying time series.

The stated years are 17 calendar years apart. Moving from 10 to nearly 60 means almost six times the original stock, or an increase of almost 500 percent. The source contains conflicting timeframe and ratio descriptions, which we do not adopt.

The source compares money supply with Bitcoin prices. That comparison establishes neither causation nor a reliable price forecast. Country composition and measurement consistency also need verification before drawing stronger conclusions.

Issue context

Block-Builders reports Bitcoin ETF inflows for Thursday. Other stories cover UK crypto ETN access, corporate plans and speculative tokens. These developments need separate assessment: a single flow does not establish a lasting market trend or every investor’s motives. The BRICS money-supply source contains arithmetic and timeframe inconsistencies.

Check each figure’s period, provenance and reliability. ETF inflows do not establish a dependable hedge; comparing money supply with Bitcoin prices does not prove causation or predict returns.

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This story is part of the Biturai Market Brief and is for informational purposes only. No investment advice.