Global

Liquidity Scorecard

A Snapshot Of Money Flows

Global M2, central bank balance sheets, and net liquidity metrics.

The Global Liquidity Scorecard (GLS) Framework

  • Asset prices are influenced by the amount of money available to buy them. 
  • When central banks expand balance sheets and M2 money supply grows. Capital moves into higher-risk assets.
  • When they contract, liquidity tightens. Capital moves out of higher risk assets.
  • This relationship has been tracked by institutions for decades. The GLS makes the same data accessible in one view.

Metrics Tracked

  • Global M2 money supply across 12 economies
  • Central bank balance sheets: Fed, ECB, BOJ, PBOC, BOE, BOC, RBA, RBI
  • US Net Liquidity (Fed balance sheet minus RRP and TGA)
  • Country-level monetary policy scores

Relevance to Crypto

Crypto tends to be sensitive to liquidity conditions. When net liquidity expands, risk assets often benefit. When it contracts, crypto typically underperforms.

The GLS doesn’t predict turning points, but it provides context for risk management decisions.

Global Liquidity Metrics

Bitcoin doesn’t move in a vacuum.

Every major BTC bull run has coincided with expanding global liquidity. Every major correction has occurred during contraction.

The correlation has become almost mechanical.

The Global Liquidity Scorecard tracks Fed, ECB, BOJ, PBOC, and BOE balance sheets — minus the Treasury General Account and Reverse Repo facility — converted to USD.

One dashboard. The liquidity picture that actually drives crypto.

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