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> Lately I have been feeling like the economy just broke on a fundamental level over the past year. I mean, yeah, take a look at this FRED chart: https://fred.
by shalmanese 5y ago
> Lately I have been feeling like the economy just broke on a fundamental level over the past year.
I mean, yeah, take a look at this FRED chart: https://fred.stlouisfed.org/series/M1SL https://fred.stlouisfed.org/series/M1SL
It would be more astounding if the economy didn't break.
- comprambler 5y agoDid you read the disclaimer at the bottom of the chart? The May 2020 slope is due to a change in bank financial reporting. Edit. Looks like they changed the meaning of what an asset is and included the word liquid. 12000 billion could account for the worth of the stock markets.