the M1 money supply is the vast majority of the m2 supply in 2020, it was 18 trillion and peaked at 21 trillion and then went down to 19.5 trillion. That’s not “80-90%”. That’s 16.67%
And once again:
The increased money supply caused rampant and near catastrophic inflation that is the root of today’s affordability crisis.
How high did the rate of inflation get compared to other countries and what was the US rate of inflation at the end of Biden’s term in office? What did the COVID19 pandemic do to the supply chains?
I was referring to M1 https://fred.stlouisfed.org/series/M1SL
It looks like they have since clarified that they changed the definition without making a new graph, obfuscating the data
You’re still wrong.
the M1 money supply is the vast majority of the m2 supply in 2020, it was 18 trillion and peaked at 21 trillion and then went down to 19.5 trillion. That’s not “80-90%”. That’s 16.67%
And once again:
The increased money supply caused rampant and near catastrophic inflation that is the root of today’s affordability crisis.
So do you get the point yet?
How high did the rate of inflation get compared to other countries and what was the US rate of inflation at the end of Biden’s term in office? What did the COVID19 pandemic do to the supply chains?
The graph clearly goes from 4 trillion to over 20 trillion and I have already found why, clearly you didn’t even click on it. That is 80%