5 ms·
Jap, I bet it’s related to this chart https://fred.stlouisfed.org/series/M1NS https://fred.stlouisfed.org/series/M1NS
by shoto_io 5y ago
Jap, I bet it’s related to this chart
https://fred.stlouisfed.org/series/M1NS https://fred.stlouisfed.org/series/M1NS
- yellow_lead 5y agoYou might want to read that footnote about the definition of M1 changing at May 2020
- shoto_io 5y agoOk thanks for pointing out. A high amount of money was printed in that exact timeframe though. What’s a good graph to show that?
- N00bN00b 5y agoJust odd. Why would you change a definition in the middle of an existing chart... Just call it M1a or M11 and add a new chart. Curious what is really going on that I'm not supposed to understand.
- yellow_lead 5y agoYeah, because the end result is people pointing to it as though it's some extraordinary change. My guess would be it was easier and they're lazy bureaucracy.