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A senior economist from FRED explained why there is the surge in M1. Basically a reclassification of parts of M2 in M1. Definitely not -- OMG end of Dollar, mon
by npalli 6y ago
A senior economist from FRED explained why there is the surge in M1. Basically a reclassification of parts of M2 in M1. Definitely not -- OMG end of Dollar, money printer going brrrr :-)
https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/ https://fredblog.stlouisfed.org/2021/01/whats-behind-the-rec...
- tedd4u 6y agoCame here to say just that. Still, M2 itself has also grown 20+% in one year. https://fred.stlouisfed.org/series/M2 https://fred.stlouisfed.org/series/M2 Yet consumer price indexes do not appear to have been greatly affected https://fred.stlouisfed.org/series/CPILFESL https://fred.stlouisfed.org/series/CPILFESL The dollar has however lost ~9% to the euro https://fred.stlouisfed.org/series/DEXUSEU https://fred.stlouisfed.org/series/DEXUSEU