btw, I was reading about this, the growth in M1 in 2020 involved a reclassification moving savings deposits and money market funds from M2 into M1: https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/
btw, I was reading about this, the growth in M1 in 2020 involved a reclassification moving savings deposits and money market funds from M2 into M1: https://fredblog.stlouisfed.org/2021/01/whats-behind-the-recent-surge-in-the-m1-money-supply/