What does it mean for the purchasing power of a unit ?
Discussion
Nothing
You care to elaborate?
Nothing actually changed IRL. They simply changed what M1 money is to include more data.
Repetition is not elaboration… are you aware of what did they include? What is their official reason? Additional reading?
At first your question was about the impact of this chart on the value of each dollars.
They added M0 money in the M1 category to do like other major economies.