The Fuse.RUSSIA'S FISCAL BREAKDOWN MONITOR

M2 money supply growth

● HOLDING

Plain-language label: How fast they print money — position 6 of 7 in the causal chain: the printing-press detector: when deficits are monetized through state banks, borrowing can look healthy — but the money stock cannot hide.

CURRENT VALUE+13.2%data Jun 2026
REGISTERED THRESHOLD> 30%registered 2026-08-14 · unchanged
CLASS 3 — PRICES & RATIOSPrices and ratios reflect expectations, not fiscal capacity, and can be painted. Never triggers — confirms only.

History vs the trouble line

20222023202420252026+32%+9%trouble line +30%line: reconstructed monthly history (backtest inputs) · dots: real fetches · gaps stay gaps

Observation history

DATE OF DATAVALUERAW FRAGMENT (VERBATIM)SOURCE / FETCHED
2026-060.132◆ RECORDED BY HAND«CBR dashboard shows M2 134,847.2 bn RUB as of 01.07.2026, +13.2% y/y (cash +18.5%, deposits +12.4%); static XLSX stale at 2025-04»cbr.ru · 2026-08-16 01:02 UTC
2025-040.17«M2 2025-04: 116.5 trn RUB vs 99.6 a year earlier -> 17.0% y/y; SERIES STALE — last published 2025-04»cbr.ru · 2026-08-16 00:38 UTC
2025-040.17«M2 2025-04: 116.5 trn RUB vs 99.6 a year earlier -> 17.0% y/y; SERIES STALE — last published 2025-04»cbr.ru · 2026-08-15 16:33 UTC
3 fetches recorded (0 parse failures)

Parse-failure history

When our parser can't extract a value, we log the failure instead of guessing. Failures never silently reuse the previous value.

No parse failures recorded.

Availability events

How fast they print money — M2 money supply growth · The Fuse