Maybe it's the definition of money supply being used? M1 money has increased by about 40%, M2 by about 20%. https://www.federalreserve.gov/releases/h6/current/

Maybe it's the definition of money supply being used? M1 money has increased by about 40%, M2 by about 20%. https://www.federalreserve.gov/releases/h6/current/default.htm https://www.federalreserve.gov/releases/h6/current/default.h...