Thank you for this. However, this article is talking about moving savings deposits from M2 to M1, and the graph of the commenter you are replying to is one of

Thank you for this. However, this article is talking about moving savings deposits from M2 to M1, and the graph of the commenter you are replying to is one of M2. Therefore, the graph would not look different had the definition change not happened, correct? Because M2 includes M1 by definition.