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So is it a rethread of the story at https://news.ycombinator.com/item?id=26974607 https://news.ycombinator.com/item?id=26974607 but omitting absolutely all rele
by tveita 5y ago
So is it a rethread of the story at https://news.ycombinator.com/item?id=26974607 https://news.ycombinator.com/item?id=26974607 but omitting absolutely all relevant context?
The tl;dr from that thread that there is a jump in M1 from a change in what counts as M1/not M1, making that chart very misleading from a glance. https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL is a lot less misleading - but of course that's the point.