The global monetary expansion has reached an unprecedented scale. Current data shows the worldwide money supply climbing to $45 trillion, a new record. What's particularly striking is how concentrated this growth has become: China alone accounts for $16.5 trillion in M1 money supply—also an all-time peak.

The numbers tell a compelling story. China's monetary expansion has become the dominant driver of global liquidity growth this year. When the world's second-largest economy is pumping capital at this pace, it ripples across every asset class—from traditional equities to crypto markets.

For traders and investors monitoring macroeconomic conditions, this matters. Excess liquidity typically seeks returns. Whether it flows into risk assets, emerging markets, or digital currencies, the correlation is hard to ignore. Central bank policy remains the ultimate force shaping market cycles, and these figures suggest we're deep in an accommodative monetary regime that could sustain risk appetite across multiple asset categories.