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https://fred.stlouisfed.org/series/M1 https://fred.stlouisfed.org/series/M1 I wouldn't say it looked similar... The time scales are different for the same _rel
by irjustin 6y ago
https://fred.stlouisfed.org/series/M1 https://fred.stlouisfed.org/series/M1
I wouldn't say it looked similar... The time scales are different for the same _relative_ amount printed. 2009 took longer to play out. We're not even 1 year in.
- OscarCunningham 6y agoYeah, you're right. A good way to compare the relative increases is to go to 'Edit Graph' and set a log scale in the 'Format' tab. That makes it clear the relative change in 2020 was huge. I'm still not sure it will cause inflation though, since COVID has had a big deflationary impact and the Fed can always unwind if needed.