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Look at the M2 money supply since 2020
by frockington1 5y ago
Look at the M2 money supply since 2020
- bidirectional 5y agoCan you give a particular source? The definition of M2 used by the Fed was expanded in May 2020, so the reading of any charts must account for that. I also think it's kind of irrelevant anyway. Drawing down the duration of money by QE will increase M2, that doesn't mean money is being created from thin air. Bonds are drawn out of the economy in exchange for increased reserves. What are bonds if not a form of money?
- frockington1 5y agoBonds are debt, they are not money.
- bidirectional 5y agoIf I hold a bond from the US government, that is money with a non-zero duration.