Money supply plays an important role in macroeconomic analysis, particularly in choosing appropriate monetary and fiscal policy. I am considerably yet to find any theoretical work that has been done on this subject (analysis of the money supply and its impact on other variables, namely inflation, interest rate, real GDP and nominal GDP ). However, other topics similar to this one have been done by AL-SHARKAS, Adel, where he uses the same technique and models on the topic "response to shocks on interest rates, inflation and stock market returns”. His work studies the relationship between Jordanian production and other macroeconomic variables such as inflation, interest rates and stock returns. His paper uses Lee's (1992) VAR approach method to analyze the relationship and dynamic interaction between variables. The IRF and FEVD of the VAR model are calculated in order to study the interrelationships within the system. The empirical results indicate that the interest rate and inflation are weakly negatively correlated and that real stock returns and inflation are very weakly positively correlated because all leads and lags are negatively associated. Furthermore, the response of output (IPG) to shocks to stock returns (R1) is strongly positive until the first 6 periods, after which the effect almost disappears. This indicates that the relationship between stock returns (R1) and real activity (GPI) is positive and that inflation has a negative impact on GPI (Adel A. Al-Sharkas 2004). (WAMA) is a similar article on this subject. Where the relationship between money supply, the main macroeconomic indicators studied for West African countries include...... middle of article ......uses the VAR approach method of Lee (1992) to analyze the relationship and dynamic interaction between variables. The IRF and FEVD of the VAR model are calculated to study the relationships between money supply shocks and inflation in the system. Empirical relationships based on the VAR test carried out for the period 1990 to 2009 show that money supply and inflation are weakly positive. correlated, The money supply and interest rates are very weakly and negatively correlated, The money supply and real GDP are strongly positively correlated, The money supply and nominal GDP are very strongly negatively correlated. Furthermore, the response of inflation to shocks to the money supply is very weakly positive or has no effect since it is constant everywhere. This indicates that the relationship between money supply and inflation is not too significant..