4 ms·
> the former is a fake metric. I am using M2 money supply. Basically trying to proxy how much money more we printed this past few years. Source: https://www.l
by hartator 4y ago
> the former is a fake metric.
I am using M2 money supply. Basically trying to proxy how much money more we printed this past few years.
Source: https://www.longtermtrends.net/m2-money-supply-vs-inflation/ https://www.longtermtrends.net/m2-money-supply-vs-inflation/
- nightski 4y agoThat could be skewed because they changed how M2 was calculated during the pandemic.
- giantg2 4y agoThis makes me feel better. /s
- cko 4y agoIt should. https://collabfund.com/blog/the-fed-isnt-printing-as-much-money-as-you-think/ https://collabfund.com/blog/the-fed-isnt-printing-as-much-mo... Also money printing isn't necessarily inflationary if the money stays as bank reserves. Unless... The Fed buys treasuries and the government dumps the money on the economy.
- giantg2 4y agoIt just obfuscated things. It might not be a 350% increase, but it's still a 70% increase, right?
- JumpCrisscross 4y ago> am using M2 money supply It makes no sense to use a November 2020 rate of change in M2 to adjust a Q3 2022 real GDP estimate. GDP is a production metric. An output of the real economy. M2 is a monetary metric. An input into the financial system. To the degree their relationship has meaning, it’s as a rough measure of financialisation [1]. [1] https://data.worldbank.org/indicator/FM.LBL.BMNY.GD.ZS?most_recent_value_desc=true https://data.worldbank.org/indicator/FM.LBL.BMNY.GD.ZS?most_...
- roflyear 4y agoWhy does that matter?