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2024-11-06 02:00:36 UTC - HELPFUL

Rated by Participant: 27D467B46917B2CDD8AB6DAF151645E6524C90DCD985EB98B4586B3DAC13AF3E
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Original Note:

That is not true. The surge is primarily due to the effects of a definitional change of M1, now including e.g. savings accounts. https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/

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