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by asperous
1884 days ago
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M2 is a better chart now since they added savings accounts in May 2020 making the M1 misleading and hard to follow. M2 is "M1 plus savings and time deposits, certificates of deposits, and money market funds". Washington post has a good article talking about the cases for and against inflation rising [1]. This chart shows one case for inflation, cases against include supply chain problems, unemployment, and cautious households. [1]https://www.washingtonpost.com/business/with-no-inflation-in... |
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