[throw0101a]

The surge in M1 was mostly because of an accounting change:

* https://fredblog.stlouisfed.org/2021/01/whats-behind-the-rec...

(M2 includes M1, IIRC.)

[quickthrowman]

This poster is correct, I’m not sure why the post is gray. The way M1 is calculated changed last year, read the linked article for proof.