Is this really true? At least in the US, I do not think the amount of cash (M0) is accelerating. Unless my reading of this is completely wrong: https://fred.stl

Is this really true? At least in the US, I do not think the amount of cash (M0) is accelerating. Unless my reading of this is completely wrong: https://fred.stlouisfed.org/series/BASE https://fred.stlouisfed.org/series/BASE That said the recession really throws this off.