Originally Posted by
dera
This is what the echo chamber creates. People perpetuate lies like "40% of all of the dollars over the last 2 years".
They need to look past their Google page 1.
https://www.collaborativefund.com/bl...-as-you-think/
If they only had read the actual Fed releases, they would have seen things like:
"
Recognizing savings deposits as a transaction account as of May 2020 will cause a series break in the M1 monetary aggregate. Beginning with the May 2020 observation, M1 will increase by the size of the industry total of savings deposits, which amounted to approximately $11.2 trillion"
But they wouldn't care, because Tucker Carlson did not tell them that.
the m2 chart is pretty rough, also…
https://fred.stlouisfed.org/series/M2SL