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I mean something unusual definitely happened in the US https://fred.stlouisfed.org/series/M1SL. Is the alternative that companies suddenly discovered they were greedy?

edit: though I do want to add the m2 supply might be more important here, and it doesn't show anything as dramatic https://fred.stlouisfed.org/series/M2SL. https://fredblog.stlouisfed.org/2021/01/whats-behind-the-rec...



They changed the definition of m1 which is the cause of that spike. M2 is definitely the better metric.


I 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




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