3 ms·
They changed the definition of m1 which is the cause of that spike. M2 is definitely the better metric.
by HDThoreaun 3y ago
They changed the definition of m1 which is the cause of that spike. M2 is definitely the better metric.
- space_fountain 3y agoI did notice that change, but then the article didn’t mention it? Do you have a source for the change being responsible for the spike? The timing is suspicious, but the fed appears to be trying to bring the money supply back in line with the trend from before the spike