> Looking at money supply is pretty meaningless without also looking at velocity. M2 has been going up but the velocity has been going down [1]. Are you not aw

> Looking at money supply is pretty meaningless without also looking at velocity. M2 has been going up but the velocity has been going down [1]. Are you not aware of the GDP component of velocity?... The purpose being to incorporate economic activity/effects of growing population into M2. It seems like you're just googling as you go (mostly effectively). You're clearly an intelligent person, and I learned some things about the BLS's process that I haven't found in previous googles. Hopefully you learned something in this thread, too. However, the slew of logical fallacies (character assassination, twice, and appeal to authority) and overall negativity are serious hindrances to intellectual discussion. Positivity and skeptical open-mindedness will go a long way if you ever want to make progress on a controversial topic.