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The surge in M1 was mostly because of an accounting change: * https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/ htt
by throw0101a 5y ago
The surge in M1 was mostly because of an accounting change:
* 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...
(M2 includes M1, IIRC.)
- quickthrowman 5y agoThis poster is correct, I’m not sure why the post is gray. The way M1 is calculated changed last year, read the linked article for proof.