/biz/ - Business & Finance

>>29803432
>>29803953
Look bro, I promise I'm not a shill you have to listen to me here. There are a few different ways that the money supply is calculated. Back in high school macro, they told us about M1, which was cash + checking accounts, M2, which was M1 + savings and money market accounts, and M3, which was M2 + some shit I forget.

In May 2020 for reasons I don't understand, the ACCOUNTANTS at the Federal Reserve (NOT the money printing guys) redefined M1 to include savings, so that HUUUUGE spike you're seeing from 4T to 16T is not 12T being printed, it's closer to 2T being printed, and 10T in __savings and money market accounts__ that are now being considered M1. If you don't believe me, look at the Federal Reserve's graph of M2. M2 is M1 plus some other shit so if all the money in the world was printed last year then M2 graph would show a huge spike, but it doesn't: because all M1 is a part of M2, the M2 graph doesn't change when savings accounts are now considered a part of M1. But it makes the M1 graph look autistic.

Again, the reason the Fed did this I do not know. But you sound more panicked right now than you need to be.

>>29628632
dumb thighs girl

guys false alarm

>>29622893
I really need to make a thread about this. Scroll down man, in May 2020 the Fed redefined M1 and M2 so that savings deposits count in M1 which they historically have not. Why they did this I don't know, but it's got people freaking out over this chart thinking "they printed more than they told us" when the total money supply still went from 15T -> 20T so 25% of all dollars ever printed in 2020, still bad but not as bad as your chart implies.