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Prices spiked in large part because the government printed an enormous number of dollars since 2020, thus triggering asset price inflation. https://fred.stloui
by nradov 11mo ago
Prices spiked in large part because the government printed an enormous number of dollars since 2020, thus triggering asset price inflation.
https://fred.stlouisfed.org/series/M2SL https://fred.stlouisfed.org/series/M2SL
- eigen 11mo agoI'm sure you read the footnote that goes along with the spike in 2020 where the definition changed. and looking at the numbers, I see declining increaes over previous 5 year periods 39.1% increase from 2010-06 (8628.1) to 2015-06 (12004.6) 30.8% increase from 2015-01 (11787.8) to 2020-01 (15416.3) 21.0% increase from 2020-06 (18140.6) to 2025-06 (21942.4).
- nradov 11mo agoYes, I read it. Even accounting for definition changes there has been a significant expansion of the money supply in recent years (and not just M2).