The US M2 money supply just hit a record $22.3 trillion. Numbers that'd make your head spin, right? But here's the thing—it's still sitting below total national debt. That gap tells you something about where the real pressure points are in the system. For crypto traders and market watchers, this kind of macro data matters: bigger M2 typically signals easier liquidity conditions, which historically correlates with risk-on sentiment and asset inflation cycles. When monetary supply outpaces debt, you're looking at a different market dynamic than when it lags behind. Keep an eye on how central banks respond to this pressure.