That M1 discontinuity at least has an explanation: https://fredblog.stlouisfed.org/2021/05/savings-are-now-more-liquid-and-part-of-m1-money/ https://fredblog.s

That M1 discontinuity at least has an explanation: https://fredblog.stlouisfed.org/2021/05/savings-are-now-more-liquid-and-part-of-m1-money/ https://fredblog.stlouisfed.org/2021/05/savings-are-now-more... Still a lot of money being printed, but not 10s of Trillions.