Nostr Web Client

Anyone know why the FRED removed savings deposits from their M2 stats. in May 2020? Right before that change it looks like M2 as going vertical. Is there any way to compare what current M2 would be like with/without this change?

https://fred.stlouisfed.org/series/M2SL

Max 1mo ago

Wait, you're suggesting they're fudging the numbers?

Well that couldn't be true, right? Right...

The only metric that truly matters is base money, checkout nostr:nprofile1qqsw4m6evhlz0qj02ekw86657dc5nm3gunvgk4ux0r4qyz6h2ywkk7gprpmhxue69uhhyetvv9ujucm4wfex2mn59en8j6f0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qgewaehxw309aex2mrp0yh8xmn0wf6zuum0vd5kzmp0qn0m9j work.

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Discussion

Marc 1mo ago

He mentioned something about this on his most recent appearance on TFTC.