Birdwatch Archive

Birdwatch Note Rating

2025-01-04 07:52:15 UTC - HELPFUL

Rated by Participant: 3421CA71D8483E8A17DFAD975AF1D562BD279488A1773DCBCE3FFD411DAF7F68
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Original Note:

There was a change of methodology. Before April 24, 2020, savings accounts were not part of M1. Even though money supply did grow, it did not grow that much. https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/

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