this post was submitted on 24 Sep 2023

951 points (97.6% liked)

Ukraine

8301 readers

574 users here now

News and discussion related to Ukraine

*Sympathy for enemy combatants is prohibited.

*No content depicting extreme violence or gore.

*Posts containing combat footage should include [Combat] in title

*Combat videos containing any footage of a visible human must be flagged NSFW

Server Rules

Remember the human! (no harassment, threats, etc.)
No racism or other discrimination
No Nazis, QAnon or similar
No porn
No ads or spam
No content against Finnish law

Donate to support Ukraine's Defense

Donate to support Humanitarian Aid

founded 2 years ago

MODERATORS

[email protected]

[email protected]

[email protected]

951

"We've used 5% of our defense budget to arm Ukraine. And with it, they've destroyed 50% of Putin's army." - Ad targeted to Republicans to support Ukraine (streamable.com)

submitted 1 year ago by [email protected] to c/[email protected]

173 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[+] [email protected] -3 points 1 year ago (2 children)

[removed by mod]

[–] [email protected] 14 points 1 year ago* (last edited 1 year ago)

It's worth noting that the definition of M1 changed in 2020, which accounts for the significant jump in that year.

Further reading: https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/

Edit: Linked article also has the complete graph going all the way to 2023, which shows that spike dropping again within one year.

TL;DR :

Another measure of the money supply adds these savings deposits and checkable money funds to M1: It’s known as, you guessed it, M2. From the graph, we see that the growth rate of M2 has remained relatively stable since May 2020. This suggests that the rapid acceleration in M1 since May 2020 is mainly from money moving out of the non-M1 components of M2 into M1, rather than reflecting any acceleration in the demand for transaction balances.

Edit: Quoted wrong paragraph(s) in TL;DR

[–] [email protected] 1 points 1 year ago

citation please