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> so the money supply hasn't increased. The money supply has indeed increased: http://research.stlouisfed.org/fred2/series/M2/ http://research.stlouisfed.org/f
by jpmattia 13y ago
> so the money supply hasn't increased.
The money supply has indeed increased: http://research.stlouisfed.org/fred2/series/M2/ http://research.stlouisfed.org/fred2/series/M2/
Perhaps you are thinking about monetary velocity, which is decreasing: http://research.stlouisfed.org/fred2/series/M2V http://research.stlouisfed.org/fred2/series/M2V
- aliston 13y agoYes, I meant that it hasn't increased in the way that it "should" relative to the monetary base.