3 ms·
It looks like they went from too tight to too loose: https://fred.stlouisfed.org/series/BOGMBASE https://fred.stlouisfed.org/series/BOGMBASE I’m not an econom
by tomputer 5y ago
It looks like they went from too tight to too loose:
https://fred.stlouisfed.org/series/BOGMBASE https://fred.stlouisfed.org/series/BOGMBASE
I’m not an economist but that graph looks unhealthy.
- whimsicalism 5y agoMonetary base is irrelevant without looking at velocity (https://fred.stlouisfed.org/series/M2V https://fred.stlouisfed.org/series/M2V) The Fed has been much more on point this time around than it was in 2008.